Saturday 24 October 2020
Bank of Baroda (BoB) has entered right into a tie-up with Toyota Kirloskar Motor (TKM), whereby the financial institution can be one of many most well-liked financiers for all the vary of automobiles offered by the latter.
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India’s third-largest public sector financial institution, in an announcement, said that beneath the tie-up, prospects can avail customised options comparable to excessive on-road funding of 90 per cent, lengthy compensation interval of 84 months, no prepayment or foreclosures fees. On the opposite hand, TKM sellers will profit from ‘digitised supply chain finance’ with aggressive rates of interest.
Important takeaways for all aggressive exams:
- Bank Of Baroda Headquarters: Vadodara, Gujarat, India.
- Bank Of Baroda Chairman: Hasmukh Adhia.
- Bank Of Baroda MD & CEO: Sanjiv Chadha.
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