GM India signs agreement with Punjab National Bank
With a view to get the financing much more accessible to its consumers, GM India and Punjab National Bank have recently signed a MoU under which it will be a lot easier for the GM consumers to get the financing deals done.
The agreement was signed by Ankush Arora, Vice President, Sales, Marketing & After Sales, General Motors India and Sudeshna Sharma, General Manager (Retail), Punjab National Bank.
Akush explained that the company was very excited to partner with PNB for the financing needs of the consumers and as the bank if one of the largest in the country, it will help its consumers to avail of loan facilities to buy GM India's most sought after products.
The company has recently launched the hatchback Beat in the Indian market following the launch of the premium sedan Cruze in the Indian market.
There is no denying of the fact that with a network of over 4,900 branches across the country, Punjab National Bank is one of the largest in India and has been growing rapidly since its inception and it will help both the parties i. e. GM India and PNB to leverage from each other's resources.