Maruti Suzuki India Limited, has tied up with Punjab & Sind Bank, on 2nd March 09, as they will offer retail finance facilities for car buyers. According to this arrangement, the bank would focus attention on rural and semi-urban areas in Punjab, Haryana, Jammu and Kashmir, Chandigarh and Delhi. Moreover, 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. According to a senior representative, given the huge size of rural and semi-urban market, Maruti Suzuki envisions this association as an opportunity to further augment its rural & semi-urban presence. He expressed his confidence by claiming that with Punjab and Sind Bank's vast network, its products will be easily available to rural & semi- urban customers through easy & hassle free loans providing by the bank at an affordable rates across India.   read more »