Karur Vysya Bank (KVB), a private sector lender, has inked an agreement with Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Germany’s Daimler AG, to provide commercial vehicle loans.
Apart from Daimler’s own captive financing brand, ‘BharathBenz Financial’, Karur Vysya Bank (KVB) becomes a key financing partner for BharatBenz along with others adding substantial choice and value for customers.
Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.
