Latest news with #EquitasSmallFinanceBank
Economic Times
13-06-2025
- Automotive
- Economic Times
Maruti Suzuki signs MoU with Equitas Small Finance to offer financing options
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Leading car maker Maruti Suzuki India Ltd has partnered with private sector Equitas Small Finance Bank to offer vehicle financing options to its customers, a company official said on Friday.A memorandum of understanding between the two entities was signed with an aim to provide retail financing options for new cars, used cars and commercial vehicles."The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers," a company statement here Chennai-headquartered Equitas Small Finance Bank would leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. Maruti Suzuki India Ltd Senior Executive Officer Partho Banerjee exchanged documents with Equitas Small Finance Bank's retail assets head Jagadesh J in the presence of representatives of both organisations."Our collaboration will enable us to reach an even wider audience and offer them with competitive financing offers to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction," Banerjee said on signing the MoU "We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers," he added.
Time of India
13-06-2025
- Automotive
- Time of India
Maruti Suzuki signs MoU with Equitas Small Finance to offer financing options
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Leading car maker Maruti Suzuki India Ltd has partnered with private sector Equitas Small Finance Bank to offer vehicle financing options to its customers, a company official said on Friday.A memorandum of understanding between the two entities was signed with an aim to provide retail financing options for new cars, used cars and commercial vehicles."The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers," a company statement here Chennai-headquartered Equitas Small Finance Bank would leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. Maruti Suzuki India Ltd Senior Executive Officer Partho Banerjee exchanged documents with Equitas Small Finance Bank's retail assets head Jagadesh J in the presence of representatives of both organisations."Our collaboration will enable us to reach an even wider audience and offer them with competitive financing offers to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction," Banerjee said on signing the MoU "We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers," he added.
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Business Standard
13-06-2025
- Automotive
- Business Standard
Maruti Suzuki ties up with Equitas Small Finance Bank for car financing
Leading car maker Maruti Suzuki India Ltd has partnered with private sector Equitas Small Finance Bank to offer vehicle financing options to its customers, a company official said on Friday. A memorandum of understanding between the two entities was signed with an aim to provide retail financing options for new cars, used cars and commercial vehicles. "The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers," a company statement here said. The Chennai-headquartered Equitas Small Finance Bank would leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. Maruti Suzuki India Ltd Senior Executive Officer Partho Banerjee exchanged documents with Equitas Small Finance Bank's retail assets head Jagadesh J in the presence of representatives of both organisations. "Our collaboration will enable us to reach an even wider audience and offer them with competitive financing offers to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction," Banerjee said on signing the MoU. "We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers," he added.
NDTV
13-06-2025
- Automotive
- NDTV
Maruti Suzuki, Equitas Bank Join Hands For Retail Car Loans
Maruti Suzuki India Limited (MSIL) has partnered with Equitas Small Finance Bank to offer strategic vehicle financing partnership for consumers. Both the organisations have signed a MoU (Memorandum of Understanding) with an aim to provide retail financing solutions for new cars, used cars, and commercial vehicles. The MoU between the two organisations was signed in the presence of officials of both organisations including Partho Banerjee, Senior Executive Officer, Marketing & Sales, Vishal Sharma, Vice-President, Maruti Suzuki Finance & Driving School, from MSIL along with Jagadesh J, Head Retail Assets from Equitas Small Finance Bank and other senior officials from both organizations. Also Read: Tesla Model S And Model X Updated Once Again: Here's What Changed The collaboration with Equitas Small Finance Bank will leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. The strategic partnership will also offer competitive financing offers that are tailored to provide greater customer benefits. The collaboration between Equitas Small Finance Bank and Maruti Suzuki aims to utilize the expanding customer base of the bank to support various customer profiles associated with Maruti Suzuki. Commenting on this partnership, Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said "Our collaboration with Equitas Small Finance Bank will enable us to reach an even wider audience and offer them with competitive financing offers, to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction. We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers." Commenting on the collaboration, Jagadesh J, Head - Assets, Equitas Small Finance Bank Limited, said, "At Equitas, we are always focused on enabling customer's aspirations and this collaboration with Maruti Suzuki, a leader in the automotive industry, is a step towards serving our customers even better. This partnership aligns with our mission of 'Customer- First' and cater to their needs by providing them with accessible and affordable financing solutions, in purchasing their vehicle. We look forward to helping more individuals and families across the country to turn their dream of owning a Maruti Suzuki vehicle into reality."
Business Standard
30-05-2025
- Business
- Business Standard
Board of Equitas Small Finance Bank approves QIP issue of Rs 1250 cr
At meeting held on 30 May 2025The Board of Equitas Small Finance Bank at its meeting held on 30 May 2025 has approved raising of funds by way of issuance of such number of equity shares or any other eligible securities and / or other securities convertible into equity shares including warrants, or otherwise (collectively Securities) for an aggregate amount not exceeding Rs.1,250/- crore by way of Qualified Institutions Placement (QIP) and / or through any other permissible mode, in one or more tranches. Powered by Capital Market - Live News
