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“Our collaboration with J&K Bank will focus on innovative financing solutions for inventory funding for our dealer partners,” Maruti Suzuki India Ltd (MSIL) Senior Executive Officer (Marketing & Sales) Shashank Srivastava said.
This strategic alliance reinforces the company’s long term association with J&K Bank, leveraging the strength of both the MSIL and J&K Bank to offer tailored retail finance products and end-to-end working capital solutions, thus marking a significant milestone for both the organisations, he added.
“The MoU is surely a big step towards providing vital inventory funding support to Maruti Suzuki’s extensive dealer network seamlessly across the country,” J&K Bank MD & CEO Baldev Prakash said.
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