Business Daily from THE HINDU group of publications
Tuesday, October 20, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
|
Business Daily from THE HINDU group of publications Tuesday, October 20, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Update at 1430 hrs (IST)
Corporate Tata Motors ties up with Andhra Bank for vehicle financing NEW DELHI: Tata Motors on Tuesday said it has tied up with public sector lender Andhra Bank for providing finance services to customers for commercial vehicles. “Tata Motors has entered into an understanding with the Andhra Bank for financing its range of commercial vehicles to provide an added facility of finance to its customers,” the company said in a statement. Under the arrangement, Andhra Bank will offer loans for Tata Motors' commercial vehicles up to 90 per cent of the on-the road cost(including vehicle cost, road tax and insurance), for up to 6 years, at a rate of 12.5 per cent, it said. The facility will be available at all the 1,550 branches of the bank and commercial vehicle dealerships of Tata Motors. - PTI
Prev: Polaris Software Q2 net up at Rs 35.2 cr Business Line | NUS Index | |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright copy; 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line
|