Union Bank of India and M/s. Tata Hitachi Construction Machinery Company Private Limited (Tata Hitachi) have entered into a partnership in which they have agreed to work together and pool their resources for mutual benefit.
The partnership will allow Bank to extend Equipment Finance to the customers of Tata Hitachi. This will enable both Union Bank of India and Tata Hitachi to offer the best equipment financing options to buyers of Tata Hitachi machinery across the country.
Additionally, the partnership will also allow Bank to expand its portfolio of Equipment Finance. The wider reach of Union Bank of India will be beneficial for both as it will help them to increase their customer base.
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