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Ashok Leyland ties up with Lakshmi Vilas Bank for vehicle fin

Press Trust of India  |  New Delhi 

Hinduja Group flagship has tied up with to provide finance to its commercial vehicle buyers.

The Chennai-based firm said in a statement that "with this tie-up, will have access to Lakshmi Vilas Bank's network presence in 15 states that will enable efficient and effective service to its customers across the country".

Chief Financial Officer Gopal Mahadevan said: "We are sure that the bank's technologically advanced network will help Ashok Leyland deepen and widen its presence."

MD & CEO Rakesh Sharma said: "This is a strategic tie up with a leading OEM group and will be a step forward for LVB strengthening its presence in retail commercial vehicle lending".

First Published: Tue, February 10 2015. 21:10 IST