Deals26 Feb 2025, 08:32 pm
Manba Finance Limited Enters Preferred Financier Agreement with Bgauss Auto Private Limited
AI Summary
Manba Finance Limited (MFL) has executed a Preferred Financier Agreement with Bgauss Auto Private Limited (BAPL). Under this agreement, MFL will provide retail financing to BAPL's customers on a non-exclusive basis. This agreement aims to facilitate financing for customers purchasing products from BAPL.
Key Highlights
- Manba Finance Limited has entered into a Preferred Financier Agreement with Bgauss Auto Private Limited.
- The agreement allows Manba Finance to provide retail financing to Bgauss Auto's customers.
- The financing is non-exclusive, meaning both parties can engage with other financiers.
- This agreement is aimed at facilitating financing for customers purchasing products from Bgauss Auto.
- This is a significant deal in the automotive financing sector.