Tata Motors' subsidiaries, TMPV and TPEM, have collaborated with Bajaj Finance to offer supply chain finance solutions to their dealers. The partnership aims to provide dealer partners with increased working capital, boosting opportunities in the growing passenger vehicles market and enhancing India's automotive industry.
Under a Memorandum of Understanding (MoU), the participating companies will come together to leverage Bajaj Finance's wide reach to help dealers of TMPV and TPEM access funding with minimal collateral, it added.
TPEM & TMPV , Tata Motors' subsidiaries collaborate with Bajaj Finance adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Tata Motors subsidiaries and Bajaj Finance sign dealer finance deal financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.