29
Nov
In a bid to increase EV adoption in the country, Tata Motors, India’s leading automotive manufacturer has joined hands with HDFC Bank, India’s largest private sector bank, to offeran Electric Vehicle Dealer Financing solution to its authorized passenger EV dealers.Under this scheme, Tata Motors will provide its dealers additional inventory funding over and above their ICE finance limit with attractive pricing linked to Repo Linked Lending Rate (RLLR). The repayment tenure will range from 60 to 75 days. The MoU for this partnership was signed by Mr. Aasif Malbari, Chief Financial Officer, Tata Passenger Electric Mobility Ltd. and Director, Tata…
