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Ashok Leyland inks MoU with HDFC Bank

24 Dec 2019 Evaluate

Ashok Leyland has inked a memorandum of understanding (MoU) with HDFC Bank for a strategic tie-up on vehicle financing, for a period of two years. The MoU will enable both Ashok Leyland and HDFC Bank to offer customised financial solutions to customers across India, with a specific focus on customers in semi-urban and rural areas.

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 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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