Toyota ropes in Karnataka Bank, Canara Bank for car loans
The Hindu
Canara Bank to waive off processing and documentation charges
Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MoU) with Karnataka Bank for easy finance options for customers across a vast number of cities and towns in India.
Karnataka Bank will be one of the preferred financiers for the entire range of vehicles sold by TKM. The bank will offer finance options, at competitive interest rates, to general customers as well as those covered under priority sector schemes.
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.