Public sector lender Syndicate Bank has inked a deal with automobile manufacturer Tata Motors whereby the bank would be financing purchase of commercial vehicles of Tata.

The two entities have signed a memorandum of understanding (MoU) in this regard.

Mr U. Ganesh Kamath, General Manager (MSME), Syndicate Bank and Mr K. Sanjay Mishra, Regional Manager (South), Tata Motors inked the MoU on behalf of the two entities.