Indian Bank has entered into an agreement with TVS Motor Company for financing the company's vehicles.
Through this tie-up with TVS Motor Company, the Bank's loan book by March 2011 would increase to Rs 10 crore and its expected to be touch Rs 75 crore during the next financial year.
Currently, the service available in all the 1,828 branches all over India of these 776 branches are in Tamil Nadu. TVS Motor Company also has about 22 dealers with 300 service station in the State.
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