CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ashok Leyland has inked pact with which bank for vehicle financing?
A
SBI
B
YES Bank
C
BoB
D
HDFC
Explanation: 

Detailed explanation-1: -Ashok Leyland has announced the merger of non-banking financial company in the business of financing commercial and personal vehicles – Hinduja Leyland Finance (HLF) – with NXT DIGITAL.

Detailed explanation-2: -The Promoter of our Company is Ashok Leyland Limited (“ALL”).

Detailed explanation-3: -HLF is one of the leading vehicle finance NBFCs in India with a focus on urban and semi-urban markets. We provide retail finance through a wide range of vehicle financing products. Hinduja Leyland Finance was incorporated on November 12, 2008. HLF’s assets under management have grown at a CAGR of 53% to Rs.

Detailed explanation-4: -"Ashok Leyland is delighted to partner with Adani Capital to offer customised financial solutions to its customers.

There is 1 question to complete.