South Indian Bank has announced the signing of an MoU with Maruti Suzuk India (MSIL) for dealer and retail car financing to help dealer partners streamline vehicle inventory funding and offer comprehensive retail financing solutions to the customers of Maruti Suzuki.

Murali Ramakrishnan, MD, and CEO, South Indian Bank,  sharing his views on the partnership, said "With our diverse finance solutions, we aim to provide convenient and comprehensive finance options for a great synergistic effect.”

The MoU was signed in the presence of Shashank Srivastava, Senior Executive Officer, Marketing and Sales, MSIL, Bhuvan Dheer, Executive Vice President, Sales, MSIL; Vikas Kohli, Vice President, MSIL; Murali Ramakrishnan, MD and CEO, South Indian Bank, and other senior officials from both organizations.

Speaking on the partnership, Srivastava said, “This tie-up will provide financing solutions for our dealer partners as well as for our customers.”