Mr. R Chandramouli, COO, Mahindra Reva (left) shaking hands with Mr. Rajeev N Mehra, CGM, SBI-Mumbai
Bangalore, January 19, 2012: Mahindra Reva Electric Vehicles Pvt. Ltd., a part of the US $14.4 billion Mahindra Group, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the country’s premier public sector bank. The Preferred Financier agreement was signed by both parties which will enable both Mahindra Reva and State Bank of India to leverage on the inherent strengths of each other’s vast network.
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