Ashok Leyland has signed a Memorandum of Understanding (MoU) with public sector lender Bank of Baroda for vehicle finance. Under this partnership, Bank of Baroda will be able to provide end-to-end financial solutions to the customers of Ashok Leyland.
This tie-up opens up multiple opportunities for both institutions. The bank will finance Ashok Leyland's customers for the purchase of vehicles as well as provide any other financial services required by them.
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.
