Mahindra & Mahindra got
into a preferred financier tie-up with Canara Bank to facilitate its customers
with an option to avail loan on cars.
This tie-up will help both the
entities to take advantage of each other’s wide network across India, which
includes 4,600 branches of the bank and Mahindra’s 250 dealers.
As per industry
sources, the bank is enhancing its operations in the financing of passenger
vehicle.
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