Maruti Suzuki India Ltd said on Thursday that it has partnered with Indian Bank to offer financing to its dealers.
According to the firm, the two parties have signed a Memorandum of Understanding (MoU), that will provide over 4,000 Maruti Suzuki dealerships across the country with comprehensive inventory funding options for their working capital requirements.
Shashank Srivastava, Maruti Suzuki India Senior Executive Officer, Marketing & Sales, stated, “This alliance with Indian Bank will strengthen relationships with dealer partners and ensure a seamless car buying experience for customers”.
“The goal has always been to collaborate closely with Indian Bank in developing personalized offers and end-to-end working capital solutions for our dealer partners across the country”, Srivastava explained.
Ashutosh Choudhury, Executive Director of Indian Bank, stated that the bank’s supply-chain finance will provide Maruti Suzuki dealers with easy access to working capital finance at favorable terms, assisting in the expansion of their businesses.
Also read: Norwegian Princess Announces Plans For Marriage With Hollywood Guru
Singapore’s CapitaLand Commits to Significant Growth in India
Passport Seva Portal To Undergo Maintenance
Pradyumna Kumar- The man who cycled from India to Europe for love
NASA’s Sunita Williams Faces 3 Deadly Scenarios With Boeing Starliner
Manasi Joshi: The Paralympic Athlete Who Redefines Resilience
Wipro’s Share Splits Turn ₹10,000 Investment From 1980 Into ₹1,000 Crore
6 Indian Athletes Who Won Medals At Paris Olympics 2024
6 Indian Military Bases Around The World
PM Modi In Kerala: Visits Landslide-Hit Wayanad; Expresses Concern Over Impact On Local Children
8 Things To Know About Quit India Movement
Paris Olympics 2024: After the Games are over, what happens to Olympic villages?
4 Countries That Are Income Tax- Free
Union Budget 2024: Key Highlights
Anti Quota Agitation In Bangladesh
10 Oldest World Leaders In Power
Priyanka Chopra Birthday: 5 Unknown Facts About Priyanka Chopra
10 Favourites To Win Medals For India At Paris Olympics 2024
5 Celebs Who Want Joe Biden To Step Aside
5 Most Followed Political Leaders On X, Here’s PM Modi’s Latest Ranking
Donald Trump Assassination : A Look Back At The Four Assassinations Of U.S. Presidents In American History
