Grameen Bank renews MoU with MSIL

Excelsior Correspondent
JAMMU, Nov 23: Jammu and Kashmir Grameen Bank today renewed MoU with Maruti Suzuki India Limited (MSIL) for the sale of Maruti cars.
This is another step of J&K Grameen Bank and MSIL’ s rural initiative to tap the vast potential in rural market and to provide the hassle free services to the rural masses, a handout issued by the Bank said.
The MoU was renewed in the presence of Chairman of J&K Grameen Bank, Raja Abdul Lateef, General Manager, Sohan Singh Billawria, Senior Manager Advances, Krishan Lal Sharma and other officers of the Bank.
The MoU will bring synergy in the business development of both parties involved, the handout added.
It further said that J&K Grameen Bank has large branch network in the State and MSIL has a vast dealership network across the State.