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Hyderabad : Union Bank of India today announced signing of Memorandum of Understanding (MoU) with Maruti Suzuki India Limited for Inventory Funding. The MoU was executed today at the Bank’s Head Quarters in Mumbai in the presence of dignitaries
Union Bank Of India With Maruti: The bank will provide Inventory Funding options for working capital requirements to Maruti Suzuki Dealers covering their sales outlets across the country.
Terming it a sheer abuse of the court process, the Delhi High Court recently dismissed a plea to appoint an arbitrator to settle a 2006 dispute against Maruti Udyog Limited (now Maruti Suzuki Limited).