Ashok Leyland Ltd, ICICI Bank ink MoU for vehicle financing

Commercial vehicle manufacturer Ashok Leyland Ltd. (ALL) has entered into a two­ year memorandum of understanding (MoU) with ICICI Bank to offer customised financial solutions to customers across India with a focus on semi­urban and rural geographies. The bank will work in close coordination with the authorised dealers of Ashok Leyland to provide financial solutions to the customers.

Static/Current Takeaways Important For IBPS SO 2019:

  • Parent organization of Ashok Leyland Ltd: Hinduja Group; Headquarters: Chennai.
  • Founder: Raghunandan Saran.

Source: The Hindu

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