Corp Bank, Bajaj in financing deal

Corporation Bank has signed a memorandum of understanding with Bajaj Auto Ltd for financing its three-wheelers. A Corporation Bank statement here said the bank will be the preferred financier for three-wheelers sold by Bajaj Auto. V.S. Karthikeyan, GM of Corporation Bank, and C.K. Rao, Vice-President, Commercial Vehicles, Bajaj Auto, signed the agreement in Pune recently, the statement said.