Follow us
Ashok Leyland signs MoU with South Indian Bank for dealer financing
Under this partnership, the Bank will provide competitive dealer finance options to the dealers of Ashok Leyland Limited.
By Autocar Professional Bureau
10482 Views
Ashok Leyland, the flagship company of the Hinduja Group has signed an MoU (Memorandum of Understanding) with South Indian Bank for financing dealers under the Bank’s dealer finance program.
Under this partnership, the Bank will provide competitive dealer finance options to the dealers of Ashok Leyland Limited.
Gopal Mahadevan, Director and CFO, Ashok Leyland said, “This alliance will offer appropriate inventory financing solutions to our network of dealers."
Biji S S, Senior General Manager and Group Business Head, South Indian Bank said, "Through our varied financial solutions, our goal is to offer convenient and complete financing choices to the dealers."
RELATED ARTICLES
Ferrari Showcases New Amalfi Spider to Mark India Launch
Dev Vadchhedia
17 Jul 2026
The V8 2+ spider will be showcased across Mumbai, Delhi and Bengaluru at Ferrari's official dealerships.
ICRA Projects Non-Linear Capex Surge for Automakers Under Stricter CAFE-III Draft
Dev Vadchhedia
17 Jul 2026
Rating agency estimates a ₹38,000 crore fuel saving potential but warns of margins and pricing pressure for ICE-heavy PV...
Proposed CAFE-III Norms to Drive Domestic Ethanol Supply and Flex-Fuel Integration: GEMA
Dev Vadchhedia
17 Jul 2026
The Grain Ethanol Manufacturers Association states that the draft compliance framework establishes long-term policy visi...
