SRINAGAR, Sept. 18 -- J&K Bank has renewed its memorandum of understanding (MoU) with Tata Motors Ltd to provide financing support for the automobile manufacturer's commercial vehicle portfolio across the country.

Under the agreement, J&K Bank will continue as a preferred financier for Tata Motors' range of commercial vehicles, including heavy, intermediate and light commercial vehicles, small commercial vehicles, buses, pick-ups, tippers and specialised vehicles.

According to the bank, the partnership will operate on a pan-India basis, enabling its branches to work with Tata Motors and its authorised dealers to facilitate vehicle financing for eligible customers.

The arrangement will also allow Tata Motors and its dealer network to un...