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Ashok Leyland signs MoU with Axis Bank

27 Nov 2019 Evaluate

Ashok Leyland has signed a Memorandum of Understanding (MoU) with Axis Bank to enter into a strategic financing partnership for two years. The MoU will enable both to offer customized financial solutions to the customers based across India, including semi-urban and rural regions.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Peers
Company Name CMP
Tata Motors 395.50
Ashok Leyland 144.35
Force Motors 16912.00
Olectra Greentech 969.00
SML Mahindra 4878.65
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