Ashok Leyland inks pact with YES Bank

Tags: Companies
Hinduja Group flagship company Ashok Leyland has signed an agreement with private sector YES Bank for offering retail finance to customers purchasing commercial vehicles.

"With this tie-up, Ashok Leyland will be able to leverage the branch network and customer reach of YES Bank and will provide more efficient and effective service to its customers," the commercial vehicles maker said in a statement.

Ashok Leyland's Special Director (Finance) K Ram Kumar exchanged documents with President and Head of Yes Bank Nipun Jain at a function held recently.

"We are delighted with this tie up as our customers will greatly benefit from increased options for financing and YES Bank's extensive network and reach," Ashok Leyland CFO Gopal said.

EDITORIAL OF THE DAY

  • Dictating retail price of a commodity goes against the grain of free market economy

    The Centre’s suggestion to states to cap prices of pulses and edible oils seems to indicate a bankruptcy of ideas in the government.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Amita Sharma

Surely, our children deserve the best?

The findings of the latest national achievement survey for Class ...

Kuruvilla Pandikattu

Don't put the cart before the horse

Is life unique on earth? The conclusion that the universe ...

Shona Adhikari

The intriguing world of Russian art

We begin with an exhibition of selected works by two ...