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Punjab & Sind Bank pact with Maruti

NEW DELHI: Punjab & Sind Bank on Monday tied up with Maruti Suzuki India td. to offer retail finance facilities for car buyers. Through the arrangement, the bank would focus attention on rural and semi-urban areas in Punjab, Haryana, Jammu and Kashmir, Chandigarh and Delhi. “Punjab & Sind Bank is also coming up with a scheme for inventory funding of Maruti Suzuki dealers at concessional and competitive rates to facilitate growth and boost small and medium enterprise sector,” an official statement said. — Special Correspondent

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