Karnataka Bank Signs MoU with Daimler India

Posted on:21 Feb 2017 09:20:30
Karnataka Bank Signs MoU with Daimler India
21 February 2017 Current Affairs: Magaluru based Karnataka Bank Ltd has signed a Memorandum of Understanding (MoU) with Daimler India Commercial Vehicles Pvt Ltd (DICV) on February 20, 2017 to extend finance to customers for the purchase of commercial vehicles manufactured by the company.

The deal will benefit the customers belonging to sectors such as MSME (Micro, Small and Medium Enterprises) to purchase commercial vehicles.

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