Ashok Leyland Limited has entered into a Memorandum of Understanding (MoU) with South Indian Bank to facilitate financing for its dealers through the bank’s dealer finance program. This collaboration enables the bank to offer competitive financing options to Ashok Leyland Limited’s dealers.
Gopal Mahadevan, Director and Chief Financial Officer of Ashok Leyland Limited, expressed satisfaction with the partnership, highlighting that it will provide suitable inventory financing solutions to their dealer network. He emphasized the shared commitment of both Ashok Leyland and South Indian Bank to deliver outstanding customer experiences.
Biji S S, Senior General Manager & Group Business Head at South Indian Bank, expressed delight in partnering with Ashok Leyland Limited. He stated that their aim is to provide convenient and comprehensive financing choices to the dealers through various financial solutions. Biji S S believes that this collaboration will effectively address the business requirements of both organizations and generate positive outcomes.
