Maruti Suzuki Partners with DBS Bank for Dealer Funding
May 31, 2024 15:18
Maruti Suzuki India has partnered with DBS Bank India to provide inventory funding for its extensive dealer network across India. The partnership aims to support dealers with innovative financial products and digital supply chain solutions.
New Delhi, May 31 (PTI) Maruti Suzuki India on Friday said it has inked a pact with DBS Bank India for dealer inventory funding.
The Memorandum of Understanding (MoU) further enhances comprehensive inventory funding options for over 3,863 Maruti Suzuki sales outlets across the country, the auto major said in a statement.
"This partnership is a step towards providing innovative financial products to Maruti Suzuki's extensive dealer network across the country in line with their growing business needs," Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee said.
DBS Bank India Managing Director and Head, Global Transaction Services, SME and Institutional Liability Business Divyesh Dalal said the bank will leverage its leading digital supply chain solutions for SMEs and domestic presence to ensure that Maruti dealers are supported throughout the entire business cycle.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.