The Memorandum of Understanding (MoU) inked with Jammu & Kashmir Financial institution would empower over 4,000 Maruti Suzuki gross sales retailers throughout the nation
Maruti Suzuki India on Thursday mentioned it has joined palms with Jammu & Kashmir Financial institution to supply financing options to its seller companions.
The Memorandum of Understanding (MoU) inked with Jammu & Kashmir Financial institution would empower over 4,000 Maruti Suzuki gross sales retailers throughout the nation with complete stock funding choices for his or her working capital necessities, the auto main mentioned in an announcement.
“Our collaboration with J&Okay Financial institution will concentrate on revolutionary financing options for stock funding for our seller companions,” Maruti Suzuki India Ltd (MSIL) Senior Government Officer (Advertising & Gross sales) Shashank Srivastava mentioned.
This strategic alliance reinforces the corporate’s long run affiliation with J&Okay Financial institution, leveraging the energy of each the MSIL and J&Okay Financial institution to supply tailor-made retail finance merchandise and end-to-end working capital options, thus marking a major milestone for each the organisations, he added.
“The MoU is definitely an enormous step in the direction of offering very important stock funding help to Maruti Suzuki’s intensive seller community seamlessly throughout the nation,” J&Okay Financial institution MD & CEO Baldev Prakash mentioned.
(Solely the headline and movie of this report could have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)
First Revealed: Jan 25 2024 | 3:37 PM IST
