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Ashok Leyland signs MoU with ICICI Bank

Ashok Leyland signs MoU with ICICI Bank

India Blooms News Service | @indiablooms | 25 Nov 2019, 11:42 am

Chennai/UNI: Commercial vehicle makers Ashok Leyland today signed a Memorandum of Understanding (MoU), with ICICI Bank to enter into a strategic financing partnership for two years.

This MoU will enable both Ashok Leyland and ICICI bank to offer customised financial solution to customers across India with focus on semi-urban and rural geographies.

With this MoU, ICICI Bank will be a preferred financier for providing finance to the customers buying Ashok Leyland vehicles.

The Bank will work in close coordination with the authorised dealers of Ashok Leyland to provide financial solutions to the customers, a release from Ashok Leyland here today said.

Anuj Kathuria, Chief Operating Officer, Ashok Leyland said, 'we are delighted to partner with ICICI Bank to offer customised financial solutions to four customers.

With a pan-India presence, both of us can leverage their strengths for the mutual benefit of the customers.'

Image: UNI