General Motors partners with PNB

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Mumbai: To ease the process of vehicle financing for its customers, General Motors (GM) has partnered with Punjab National Bank (PNB). Both the companies have signed a Memorandum of Understanding (MoU) wherein GM customers will find it a lot easier to get financing deals accomplished, reports Rupee Times. According to the report, the agreement has been signed by Ankush Arora, Vice President, Sales, Marketing & after Sales, General Motors India and Sudeshna Sharma, General Manager (Retail), Punjab National Bank. Speaking on the issue, Ankush said that GM is very excited regarding the partnership as PNB is a big name in the Indian business industry and is one of the largest banks of India. This deal would help its customers to get easy financing for GM's widely sought products. PNB has more than 4,900 branches across the country. The partnership of these two entities will help them leverage each other's resources.