Business Standard

Cholamandalam signs MoU with VE Commercial for loan facility

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Press Trust of India Chennai

Leading non banking finance company Cholamandalam Investment & Finance Company signed a pact with VE Commercial Vehicles Ltd to finance Eicher heavy duty trucks and buses.

CIFCL's Managing Director Vellayan Subbiah and VE Commercial Vehicles' CEO Vinod Aggarwal signed the MoU here today in this regard, a company press release said.

VE Commercial Vehicles Ltd is a 50-50 joint venture between Volvo Group and Eicher Motors Limited.

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First Published: Aug 28 2010 | 6:36 PM IST

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