Maruti Suzuki Partners With Cholamandalam Investment And Finance Company
Listen to This Article
Maruti Suzuki India Ltd on Monday said it has partnered with Cholamandalam Investment and Finance Company Ltd (Chola) for inventory financing for its dealer partners.
The new alliance will empower over 3,600 Maruti Suzuki dealerships across the country with comprehensive inventory funding options for their working capital requirements, the company said in a statement.
"We have worked closely with Cholamandalam in developing personalised offers and end-to-end working capital solutions for our dealer partners across the country," Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava said.
Cholamandalam Investment and Finance Company Ltd Executive Director Ravindra Kundu said, "with our strong network of 1,191 plus branches across India, we aim to offer the (Maruti) dealers a never-before experience through customised finance packages that would come with speedy, convenient and transparent processes.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
HSBC Swings The Axe At UK Wealth In An AI Push
HSBC is preparing deep job cuts across its UK wealth management arm. It plans to cut about half of its management and sp... Read more
Kraken's Owner Buys A Bank: The Lines Are Blurring
Payward, the parent company of the crypto exchange Kraken, has agreed to buy a European bank. It would be the first digi... Read more
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more