Ashok Leyland, flagship of the Hinduja Group, signed a Memorandum of Understanding (MoU) with The South Indian Bank to extend retail finance to customers of its LCV and M&HCV product range. This tie-up enables Ashok Leyland to leverage the extensive branch network and customer reach of The South Indian Bank, to make vehicle finance easily available to its customers.
Speaking on the occasion, Mr. Gopal Mahadevan, Chief Financial Officer, Ashok Leyland Limited said, “Finance is an important aspect of the commercial vehicle business, and we are always looking at ways of making finance accessible and available to our customers. This tie-up with The South Indian Bank will help Ashok Leyland utilize the vast network of the bank to get closer to our customers and further strengthen our promise of ‘Aapki Jeet. Hamari Jeet.’”