Maruti Suzuki ties up with DBS Bank India for dealer inventory financing
31-May-2024 05:18 PM 6509
New Delhi, May 31 (Reporter) Maruti Suzuki India Limited (MSIL) on Friday announced the signing of a Memorandum of Understanding (MoU) with DBS Bank for dealer inventory funding. "This new alliance further enhances comprehensive inventory funding options for over 3,863 Maruti Suzuki sales outlets across the country," an official release said. Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India said that the partnership is a step towards providing innovative financial products to Maruti Suzuki's extensive dealer network across the country in line with their growing business needs. "This strategic alliance strengthens our relationship with the bank, harnessing the combined capabilities of MSIL and DBS Bank India to deliver comprehensive working capital solutions for our dealer partners,” he said. Divyesh Dalal, Managing Director and Head of global Transaction Services, SME and Institutional Liability Business, DBS Bank India, said, “DBS Bank India will leverage its leading digital supply chain solutions for SMEs and domestic presence to ensure that MSIL dealers are supported throughout the entire business cycle...////...
© 2025 - All Rights Reserved - timespage | Hosted by SysNano Infotech | Version Yellow Loop 24.12.01 | Structured Data Test | ^