Mumbai, July 21 -- Chennai-headquartered commercial vehicle major Ashok Leyland has signed a Memorandum of Understanding (MoU) with Chhattisgarh Rajya Gramin Bank (CRGB) to enter into a strategic vehicle financing partnership for its Medium and Heavy Commercial Vehicles (MHCV) customers.

The MoU was exchanged between D S Madhusudhan, Head Sales - Finance, Ashok Leyland and Vijay Vasant Raikwad, General Manager - Credit, Chhattisgarh Rajya Gramin Bank. Sreeji, Zonal Manager - Central, Ashok Leyland; Saikat Mandal, Regional Manager - Chhattisgarh, Ashok Leyland and Amarjeet Singh Khanuja, AGM - Credit, Chhattisgarh Rajya Gramin Bank were also present at the event.

K M Balaji, Chief Financial Officer, Ashok Leyland, said, "Ashok Leyland is...