Indian Bank Supply-chain finance will provide easy access to working capital finance to the dealers of TML, at favourable terms for driving their business growth.
Indian Bank has signed MoUs (Memorandum of Understanding) with Tata Motors Passenger Vehicles Ltd (TMPVL) and Tata Passenger Electric Mobility Ltd (TPEML) wholly owned subsidiaries of Tata Motors Limited.
Under this partnership, the Bank will provide inventory financing solution to the authorised dealers of TMPVL & TPEML through its digital SCF platform, for both electric vehicles as well as other passenger vehicles.
Speaking on the occasion, Mr….
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