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On Friday, Federal Bank said that it has entered a dealer financing agreement with Hyundai Motor India (HMIL) to thrust commercial vehicle and passenger vehicle loans.
Federal Bank has said in a release that Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter, today signed a Preferred Financier Agreement with Federal Bank.
“Federal Bank is expanding its operations in commercial vehicle and passenger vehicle financing,” and this agreement will be one of several such initiative.
