CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ashok Leyland with which bank has recently signed an MOU for vehicle financing?
A
Bank of Baroda
B
Indian Bank
C
ICICI Bank
D
HDFC
Explanation: 

Detailed explanation-1: -The correct answer is ICICI Bank.

Detailed explanation-2: -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-3: -Under this partnership, Bank of Baroda will be able to provide end to end financial solutions to the customers of Ashok Leyland. The bank will work towards catering to the customers’ needs through auto loans with easy monthly repayment plans best suited for the customers.

Detailed explanation-4: -Ashok Leyland 4019 BS-IV EMI starts at 49561 per month for a tenure of 60 months 10.5% for a loan amount of . The EMI Calculator tool on trucksDekho gives a detailed break-up of the total payable amount and helps you in finding best truck finance for your 4019 BS-IV.

Detailed explanation-5: -Ashok Leyland is an Indian multinational automotive manufacturer, headquater in Chennai. It is owned by the Hinduja Group.

There is 1 question to complete.