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 Leyland’s commercial vehicle customers.

Ashok Leyland YES Bank MOUThe 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 – Finance, Ashok Leyland Ltd signed the MoU.

“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.” said Mr. Gopal, Chief Financial Officer, Ashok Leyland Ltd.