Auto loan: SBT ties up with Hyundai

THIRUVANANTHAPURAM: The State Bank of Travancore has signed a business agreement with Hyundai Motor to facilitate easy auto loan disbursals for the customers of the bank buying Hyundai cars.

The agreement was finalized by SBT MD A K Jagannathan and Hyundai Motor senior VP Arvind Saxena. Bank officials said the tie-up was aimed at broad-basing the bank's presence in the passenger car segment.