Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
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Maruti Suzuki joins hands with Bank of Baroda to support dealer inventory financing

Date: 21-06-2019

Maruti Suzuki India has signed ‘Preferred Financier’ MoU (Memorandum of Understanding) agreement with Bank of Baroda, one of India’s largest public sector bank.

The partnership with Bank of Baroda will allow Maruti Suzuki to provide more comprehensive financing opportunities for dealers as well as customers. The dealer inventory financing will be done as per bank of Baroda’s existing product program of Supply Chain Finance.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.