DICV signs MoU with Karnataka Bank

Daimler India Commercial Vehicles (DICV) has signed a Memorandum of Understanding (MoU) with Karnataka Bank to provide customised financial packages to its customers. BharatBenz customers will get access to Karnataka Bank’s 740 branches across India to avail of their finance needs to buy BharatBenz CVs. Aiding BharatBenz’s growing presence in India according to Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles, the arrangement will enable Karnataka Bank to reach out to more number of CV customers. DICV, in India, sells a wide range of BharatBenz trucks and buses ranging from 9-tonne to 49-tonne. The company also offers light, medium and heavy-duty buses in India. The heavyduty bus is marketed under the name of Mercedes-Benz