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HDFC Bank, TVS Motor in pact for inventory funding

Two wheeler maker TVS Motors has entered into a memorandum of understanding (MOU) with HDFC Bank for inventory funding for its dealers.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347