Ashok Leyland, the Hinduja Group flagship and Karur Vysya Bank (KVB) with its dominant presence in the Southern states executed a Memorandum of Understanding, based on which KVB shall offer very attractive terms to all commercial vehicle purchasers, especially SRTOs.
KVB is very active in financing Ashok Leyland trucks and buses. Given KVB's wide client base among SMEs, and expertise in solving their funding needs, this association will be of immense benefit to our mutual customers, said K. Sridharan, chief financial officer of Ashok Leyland. This MoU will enable synergizing the strengths of both organizations, stated T. M. Lakshmikanthan, executive Director of KVB.
KVB is very active in financing Ashok Leyland trucks and buses. Given KVB's wide client base among SMEs, and expertise in solving their funding needs, this association will be of immense benefit to our mutual customers, said K. Sridharan, chief financial officer of Ashok Leyland. This MoU will enable synergizing the strengths of both organizations, stated T. M. Lakshmikanthan, executive Director of KVB.
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