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Ashok Leyland inks MoU with IDBI Bank

22 Jun 2023 Evaluate

Ashok Leyland has signed a Memorandum of Understanding (MoU) with IDBI Bank, under which the partners will offer customised financial solutions for dealers. With the combined strength of IDBI Bank and Ashok Leyland (AL), the network of AL dealers will now have financing solutions to suit their needs using digital technology.

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 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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