Indian Bank to finance Hyundai vehicles

[sajiv]

                 Indian Bank to finance Hyundai vehicles

CHENNAI: Hyundai Motor India has entered into a memorandum ofunderstanding (MoU) with Indian Bank for a preferred financialarrangement to operate under the brand name 'Indian Bank-HyundaiFinance'. Under the arrangement, the bank will extend car loans oncompetitive terms, says a bank release.