Tie-up Between Tata Motors and State Bank of India for Channel Financing

The Tata Motors dealers will now have access to ready upstream finance from SBI to meet their working capital requirements in addition to their existing retail finance arrangements.

SBI is cuurently an important retail financier of Tata Motors and this tie up further strengthens a value chain support which will help the company achieve its growth aspirations while improving the Bank’s retail penetration.

SBI has carved out a new technology platform for achieving benchmark levels of service in Inventory Funding. According to SBI, the Electronic Dealer Finance platform will provide the best-in-class customer experience to the dealers, thus effectively partnering Tata Motors in realizing the Company’s growth ambitions.

• About the Author

About Sprightly Spirit

“I dare do all that may become a man. Who dares more is none”. And all, may be. It may be the vigor. Or the spirit. Or the courage to avoid being “politically correct” or bent. And, ban all averse with immaculate overture of graciously fathomable words firm in views. Subtle. Justifying the undying conscience. Values. Knowledge. And, dares to stay true. True to own. True to the world. And, to the words. With a dream in eyes it exists. In you. In me. In all. The sprite that never shies away. The spirit that never dies!