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IndusInd Bank inks pact with AMW Motors

12 Sep 2013 Evaluate

IndusInd Bank, one of the fastest growing new-generation private sector bank in the country, has entered into an agreement with AMW Motors to finance its various range of medium and heavy haulage vehicles and tippers. This new tie up will help the AMW Motors’ sales offices and dealerships to reach out to more truck operators across the country and offer them a range of financing options. AMW Motors is India’s third largest manufacturer of heavy commercial vehicles.

IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. As on June 30, 2013, Induslnd Bank had 530 branches, and 1,003 ATMs spread across 380 geographical locations of the country. The bank also has representative offices in London and Dubai.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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