SBI, Ashok Leyland ink financing deal

Sate Bank of India (SBI) has entered into a partnership with Ashok Leyland to offer loans at soft terms for the entire range of Ashok Leyland commercial vehicles.

A memorandum of understanding was signed by K Sridharan, executive director of Ashok Leyland and J Chandrasekaran, general manager of SBI, at the corporate headquarters of the company in Chennai today.