Tata Motors signs MOU with SBI for financing light commercial vehicles

Current GK ( Master) Banking Awareness

Tata Motors on 26th March it has signed a three-year MoU (Memorandum of Understanding) with the State Bank of India, to offer financial assistance for the purchase of the company’s range of small and light commercial vehicles.
The collaboration with State Bank of India (SBI) will allow Tata Motors’ commercial vehicle (CV) customers to avail of loans in a hassle-free manner as well as access SBI’s unique technology-laden offerings.