Tata Motors signed MoU with BoI for vehicle finance

Tata Motors has signed a memorandum of understanding with Bank of India (BoI) to promote financing of commercial vehicles. According to a press release, both companies expected a good volume of growth in the commercial vehicle segment. Bank of India will provide hassle-free and easy loan to the customers ofTata Motors under the tie-up. Both entities expect the demand, especially for small and medium commercial vehicles plying in rural and semi-urban areas, to pick up, it said.
oI, Tata Motors tie up for financing commercial vehicles.