Ashok Leyland inks MoU with Corporation bank

Truck major Ashok Leyland has entered into a Memorandum of Understanding (MoU) with Corporation Bank to offer retail financing for the company’s commercial vehicle customers.

The tie up would enable Ashok Leyland to utilize the extensive branch network and customer reach of Corporation Bank.

Ashok Leyland has inked similar agreements with State Bank of India, State Bank of Patiala and Jammu and Kashmir Bank.