Ashok Leyland and YES Bank sign vehicle finance MoU
Ashok Leyland and YES Bank have signed a Memorandum of Understanding (MoU) for increased options for vehicle financing. YES Bank will extend retail financing to Ashok Leylandâ€™s commercial vehicle customers.
The tie-up between both lets Ashok Leyland leverage its extensive branch network coupled with YES Bank’s customer reach for efficient and effective service to customers.
Mr. Nipun Jain, President & Head, Yes Bank Ltd. and Mr. K. Ram Kumar, Special Director â€“ Finance, Ashok Leyland Ltd signed the MoU.
â€śWe are delighted with this tie-up as our customers will greatly benefit from increased options for financing and YES Bankâ€™s extensive network and reach.â€ť said Mr. Gopal, Chief Financial Officer, Ashok Leyland Ltd.