India, May 20 -- Maruti Suzuki India (MSIL) has signed a Memorandum of Understanding (MoU) with Standard Chartered for inventory funding, which aims to support over 4,000 Maruti Suzuki sales outlets across the country, with comprehensive inventory funding options for their working capital requirements.

The MoU was signed in the presence of Partho Banerjee, Senior Executive Officer -Marketing & Sales, Nobutaka Suzuki, Senior Executive Officer - Marketing & Sales, Vishal Sharma, Vice-President - Maruti Suzuki Finance & Driving School and P D Singh, CEO - India & South Asia, Sanjay Gurjar, Co-Head Coverage India & SA, Vikash Goenka, Head, Supply Chain Finance, India, Sourish Mitra, Head-Sales, Supply Chain Finance India, from Standard Cha...