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Monday, Jun 14, 2004

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Money & Banking - Consumer Finance


Union Bank, TVS tie-up

Our Bureau

VISAKHAPATNAM: The Union Bank of India and the TVS company have tied up to provide finance for purchase of 3,000 motor-cycles in the coastal districts during the current financial year.

This was stated by the company General Manager, Mr R. Sridhar, and the General Manager of the bank, Mr R. Viswanathan, here on Saturday.

Mr Sridhar said the Union Bank had, so far, financed 2,000 TVS vehicles in the State during the current year and the bank had agreed to give loans for 3,000 vehicles in the coastal districts alone. He said the company would soon release another model, Victor GLX, into the market.

More Stories on : Consumer Finance | Public Sector Banks | Two/Three Wheelers | Andhra Pradesh

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