Action Construction Equipment (ACE) has tied-up with Punjab National Bank (PNB) for financing of farm machinery through the bank’s branch network across the country. This tie-up will enable PNB to facilitate the availability of quality farm machinery equipment to its huge farmer base at very low rate of interest i.e. at 9.20% per annum. A memorandum of understanding (MoU) was signed between two companies.
Action Construction Equipment (ACE) is the leading mobile crane manufacturing company in India.