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

  • India must move one level higher and be the exporter of electronics to the world

    INDIA hopes to achieve net zero-import balance in the electronics industry over the next three years.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust:The mother of all battles

Gassed out after the interminable interplay of the Yadavs in ...

BK Chaturvedi

The politics of election

Elections in five states have been announced by the election ...

Rajgopal Nidamboor

Of life’s essentiality and synchrony

It is no big deal to think of psychology as ...