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Ashok Leyland signs MoU with Punjab National Bank for Dealer Financing

National, 3 rd Nov 2025: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB). Under this partnership, the Bank will provide competitive dealer finance options to the Medium and Heavy Commercial Vehicle (MHCV) dealers of Ashok Leyland.

The MoU was signed by Mr. K. M. Balaji, Chief Financial Officer, Ashok Leyland, and Mr. Amitabh Rai, General Manager, Punjab National Bank, in the presence of senior officials from both organisations.

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