Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors partners with ICICI Bank

Date: 23-01-2023

Tata Motors has partnered with ICICI Bank to offer financing solutions to its authorized passenger electric vehicle dealers. Under the partnership, ICICI Bank will provide inventory funding to the authorized passenger EV dealers in addition to the bank's funding to dealers for diesel and petrol models. The EV dealers can avail flexible repayment tenures through the partnership.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.