Renowned commercial vehicle manufacturer Ashok Leyland collaborates with CSB Bank Ltd to introduce innovative vehicle financing options, catering to the diverse needs of its valued customers.
The collaboration, solidified through a formal Memorandum of Understanding, is poised to revolutionize the landscape of vehicle financing. This exciting partnership underscores Ashok Leyland’s commitment to providing tailored financial solutions that ensure a seamless experience for its clients, as stated by the company.
Gopal Mahadevan, the CFO & Director of Ashok Leyland, expressed his optimism regarding the alliance with CSB Bank. He articulated, “Our affiliation with CSB Bank empowers us to offer financial products finely crafted to deliver an uncomplicated experience. Leveraging our expansive network of dealerships, we are dedicated to delivering optimal financial solutions that cater to the distinct requirements of our extensive clientele in the commercial vehicle sector.”
Narendra Dixit, the Group Head and Head of Retail Banking at CSB Bank, shared his perspective on the partnership’s potential. “This collaboration not only facilitates an expansion of the bank’s asset portfolio but also opens doors to previously unexplored consumer segments, marking a significant milestone in our journey,” he commented.
About Ashok Leyland:
Ashok Leyland stands as an Indian multinational automotive producer, centered in Chennai for its headquarters. The ownership of this company rests within the Hinduja Group. Its origins trace back to 1948 when it was established as Ashok Motors, later adopting the name Ashok Leyland in 1955.
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