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ICICI Bank enters into MoU with Ashok Leyland

26 Nov 2019 Evaluate

ICICI Bank has entered into a two-year memorandum of understanding (MoU) with Ashok Leyland. With this MoU, the bank will be a preferred financier for providing finance to customers buying Ashok Leyland vehicles. The bank will work in close coordination with the authorised dealers of Ashok Leyland to provide financial solutions to the customers.

ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.

Peers
Company Name CMP
HDFC Bank 693.35
ICICI Bank 1401.45
Axis Bank 1223.35
Kotak Mahindra Bank 460.65
Indusind Bank 850.00
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