Management
BoR ties up with Bajaj Auto to offer vehicle loans
Private-sector lender, Bank of Rajasthan(BoR) today entered into a tie-up with Bajaj Auto to offer two-wheeler loans. - BPCL"s Bina refinery to be completed before year-end - McLeod Russel gets into "Darjeeling of Africa" - Govt rules out additional borrowings for 2009-10 - Mcleod Russel"s UK arm acquires 75% stake in Olyana - FM has done good job in govt borrowing: Kochhar - Patel Engg shareholders cap borrowing limit at Rs 1,500 cr The tie-up will enable customers to avail of finance for vehicles at an attractive rate of interest, the bank said in a press release here. BoR has also reduced the processing charges by two per cent on vehicle loans in different maturity periods, the release said. The lender has a branch network of 463 and has a customer-base of 20-lakh. For the year ended March 31, BoR posted a net profit of Rs 118 crore as against Rs 115-crore in the previous year.QuickQuid commented:
Hoping such tie up will provide benefit to all customers and to their profit graph as well. You have shared a good information.Thanks for such post..
21.11.2011