General Motors inks MoU with SBI

General Motors has signed MoU with the State Bank of India over financing its vehicles. According to the MoU, the SBI will provide retail and wholesale financing to customers to purchase vehicles manufactured by General Motors. The customers of General Motors now can get the financing option from the 12,150 branches of the SBI across India. Both the officials of General Motors and SBI have signed the MoU and exchanged the documents.