A recent press report said that Central Bank of India has entered into a MoU with Maruti Suzuki India Limited in order to finance Maruti Car. The MoU was signed by Mr. B. N. S. Ratnakar, General Manager, on behalf of the Bank and Mr. R. S. Kalsi, Exeucitve Director on behalf of the Maruti Suzuki India Ltd in Delhi in the presence of Mr. M. V. Tanksale, Chairman & Managing Director of Central Bank of India.
Reports said that Shri Tanksale who announced the agreement said that the Bank has taken this initiative as a progressive and innovative Banker. He said that he wants the customers of the bank to use the advantage of the MoU by taking loans during the festival season.
Mr. R. S. Kalsi on the occasion said that he was happy about the MoU between the largest Car Manufacturer and the first swadeshi Bank of the country. He also said that the MoU should be valuable to both the organizations as well as its customers.
Mr. Ratnakar guaranteed the Maruti Suzuki India Ltd that Bank will work as per the spirit of the MoU to the advantage of the customers of both the organizations. Customers can make use of the advantage of the agreement to take car loan during this festival season.