Maruti Suzuki, Bank of Maharashtra MoU for dealer inventory financing

“Bank of Maharashtra's Mahabank Channel Financing scheme will provide comprehensive financing opportunities for MSIL's dealer partners across the nation.” Maruti Suzuki India Limited (MSIL) on Monday said it has signed an MoU with Bank of Maharashtra for offering inventory financing

Will banks stop inventory financing support for dealers?

Banks may stop inventory financing support for some dealers. This is not only to those who faced repayment issues but also to those who are well-capitalised and do not need the bank’s funding. These comprise a minuscule percentage of dealers.

Is there a need of technology solutions and analytics to intelligently mine transaction data for business gain?

Willingness to adopt new technologies that have proven to be low in complexity, high in relative advantage and ease of use, will also help in better decision making and dealership business viability. Recent study conducted by FADA in collaboration with