Business Daily from THE HINDU group of publications
Friday, Feb 13, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, Feb 13, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Public Sector Banks Corporate - Alliances & Joint Ventures
Mangalore, Feb. 12 Corporation Bank has signed a memorandum of understanding with Tata Motors Ltd for financing of Tata Motors vehicle. A bank release said here that banks offers loans up to 85 per cent of on-road price, for tenure ranging up to seven years, at a rate of 11.75 per cent. The car loan facility will be available at all branches of the bank. Subject to adherence of bank's norms, the loans will be sanctioned within seven days. Corporation Bank and Tata Motors will jointly organise sales promotion activities and display each other's products and offerings at the respective premises. - Our BureauMore Stories on : Public Sector Banks | Alliances & Joint Ventures | Cars | Tata Motors Ltd
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