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HDFC Bank, Telco in tie-up to push car sales

HDFC Bank and Tata Engineering and Locomotive Company Limited will sign a Memorandum of Understanding for a strategic alliance in Bombay on February 23.

According to industry sources, the alliance is aimed at increasing the number of Telco customers by offering financial help from the leading bank.

Neeraj Swaroop, head of retail banking, HDFC Bank, and Rajiv Dube, general manager (commercial), Telco, will sign the MoU on behalf of their companies.

UNI

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