Sany, Union Bank collaborate to provide financial support to its customer
ECONOMY & POLICY

Sany, Union Bank collaborate to provide financial support to its customer

Sany India, a leading manufacturer of construction equipment, is pleased to announce the signing of an MoU with Union Bank of India. Through this strategic partnership Sany India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers, while facilitating easier access to Sany India?s advanced product line along with readily available financial solutions.

The MoU was signed in the presence of Naveen Jain, Zonal Head , Pune of Union Bank of India, and Sanjay Saxena, COO of Sany India, accompanied by senior officers from both organisations. This collaboration between Sany India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors.

Saxena stated, ?We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.?

Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, ?The MSME schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank?s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.?

Jain commented, ?We are pleased to enter this strategic partnership with Sany India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our construction equipment finance schemes, prospective buyers of Sany equipment can easily avail themselves of financing tailored to meet their financial requirements.?

This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Sany India, a leading manufacturer of construction equipment, is pleased to announce the signing of an MoU with Union Bank of India. Through this strategic partnership Sany India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers, while facilitating easier access to Sany India?s advanced product line along with readily available financial solutions. The MoU was signed in the presence of Naveen Jain, Zonal Head , Pune of Union Bank of India, and Sanjay Saxena, COO of Sany India, accompanied by senior officers from both organisations. This collaboration between Sany India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors. Saxena stated, ?We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.? Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, ?The MSME schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank?s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.? Jain commented, ?We are pleased to enter this strategic partnership with Sany India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our construction equipment finance schemes, prospective buyers of Sany equipment can easily avail themselves of financing tailored to meet their financial requirements.? This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

Next Story
Real Estate

Housing sales up 5% to 87,108 units across 8 cities in Q2 FY25: Report

Housing sales experienced a 5 per cent annual increase during the July-September period, reaching 87,108 units across eight major cities, driven by strong demand for premium homes, according to a report by Knight Frank India. The real estate consultant released its 'India Real Estate' report for the third quarter of the 2024 calendar year during a webinar, highlighting a moderate rise in housing sales, which contrasted with data from Anarock and PropEquity that indicated a decline in total sales across major cities during the same period. The report mentioned that the residential market had s..

Next Story
Infrastructure Urban

Telangana HC grants bail to Nizampet commissioner in HYDRAA case

Justice Juvvadi Sridevi of the Telangana High Court granted anticipatory bail to Municipal Commissioner P Ramakrishna Rao, who had been charged by the Cyberabad police following a complaint from HYDRAA. The complaint alleged that Rao had granted building permissions within the buffer zone of Errakunta Pond in Bachupally, under the Nizampet municipality. The judge concurred with the argument made by the Municipal Commissioners Association, which stated that the TG b-PASS system had bypassed the municipal commissioners, assigning the responsibility of approving or rejecting building permissions..

Next Story
Real Estate

NRI duped of Rs 30.6 million by Hyderabad real estate company

A Non-Resident Indian (NRI) from Nigeria lost Rs 30.6 million after being lured by a real estate firm that promised to provide him land in Kondapur, where a popular Tollywood hero served as the brand ambassador. After collecting the payment, the accused promised to register the property but ultimately deceived the businessman by making him wait at the sub-registrar's office without showing up. The victim approached the Cyberabad police and filed a criminal case against the proprietor of the real estate company. The complainant had been in search of land with potential for appreciation during ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000