BUSINESS

IOB signs MoU with International Tractors



CHENNAI: Indian Overseas Bank (IOB) is entering into a memorandum of understanding (MoU) with International Tractors for financing farmers for purchase of tractors through IOB branches. Under the tie-up, the farmers' requirement for tractor and its accessories, implements and trailers will be met by International Tractors through credit from IOB, says a bank release.