Union Bank of India signs MoU with Tata Hitachi

Union Bank of India today entered partnership with M/s. Tata Hitachi Construction Machinery Company Private Limited (Tata Hitachi) for extending Equipment Finance to the Customers of Tata Hitachi.

Union Bank of India signs MoU with Tata Hitachi
The Memorandum of Understanding (MoU) was signed at Bengaluru by Alok Kumar, Field General Manager, Bengaluru, Union Bank of India and K Somaskandan, Chief Financial Officer, Tata Hitachi Construction Machinery Company Private Limited. Raghavendra Maravapalli, Head of Sales Administration, Tata Hitachi also present at the occasion.

Hyderabad/Bengaluru, January 19, 2023: Union Bank of India today entered partnership with Tata Hitachi Construction Machinery Company Private Limited (Tata Hitachi) for extending Equipment Finance to the Customers of Tata Hitachi. Under the partnership, Union Bank of India and Tata Hitachi have mutually agreed to pool their resources together and be associated with each other for mutual benefits. The wider reach of the Bank will help both Union Bank of India and Tata Hitachi to extend the best offering to the buyers of Tata Hitachi across the country and to increase the Bank’s portfolio under Equipment Finance.