Union Bank of India has signed Memorandum of Understanding (MoU) with Tata Hitachi Construction Machinery Company (Tata Hitachi) for extending Equipment Finance to the Customers of Tata Hitachi. Under the partnership, Union Bank of India and Tata Hitachi have mutually agreed to pool their resources together and be associated with each other for mutual benefits. The wider reach of the Bank will help both Union Bank of India and Tata Hitachi to extend the best offering to the buyers of Tata Hitachi across the country and to increase the Bank’s portfolio under Equipment Finance.
Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections.
