General Motors, SBI ink deal for vehicle financing
December 17th, 2009 - 8:22 pm ICT by IANS ( Leave a comment )
Kolkata, Dec 17 (IANS) General Motors India and State Bank of India have signed an agreement to provide auto financing to all General Motors India vehicles both at wholesale and retail levels, a statement said here Thursday.
“As per the MoU (memorandum of understanding), State Bank of India will now provide retail and wholesale financing to customers for purchase of GM India vehicles across the country,” the statement said.
“GM India in collaboration with State Bank of India will promote schemes to offer easy finance options to their customers by leveraging the pan-India presence of State Bank of India,” the release added.
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