Maruti Suzuki India Limited (MSIL), today, announced the signing of a Memorandum of Understanding (MoU) with Standard Chartered for inventory funding. This new alliance will empower over 4000+ Maruti Suzuki sales outlets across the country, with comprehensive inventory funding options for their working capital requirements.
The MoU was signed in the presence of Mr. Partho Banerjee, Senior Executive Officer —Marketing & Sales, Mr. Nobutaka Suzuki, Senior Executive Officer — Marketing & Sales, Mr. Vishal Sharma, Vice-President — Maruti Suzuki Finance & Driving School, from MSIL; and Mr. P.D Singh, CEO- India & South Asia, Mr. Sanjay Gurjar, Co-Head Coverage India & SA , Mr. Vikash Goenka, Head, Supply Chain Finance, India, Mr. Sourish Mitra, Head-Sales, Supply Chain Finance India, from Standard Chartered.
aruti Suzuki India Limited (MSIL), today, announced the signing of a MoU (Memorandum of Understanding) with SMFG India Credit (SMICC). Under this collaboration, SMICC will provide customised auto retail financing solutions for Maruti Suzuki Super Carry & Eeco Cargo customers. With this tie-up, Maruti Suzuki aims to help dealer partners offer comprehensive retail financing solutions to its customers.
The MoU was signed in the presence of Mr. Partho Banerjee, Senior Executive Officer, Marketing & Sales, Mr. Nobutaka Suzuki, Senior Executive Officer, Marketing & Sales, Mr. Vishal Sharma, Vice-President, Maruti Suzuki Finance and Driving School from Maruti Suzuki; and from SMFG India Credit– Mr. Swaminathan Subramanian, Chief Operating Officer, Mr. Ajay Pareek, Chief Business Officer, and Mr. Takamitsu Kajii, Head of Planning & Alignment along with other senior officials from both organizations.
