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Maruti Suzuki partners with HSBC India for dealer financing solutions
Mumbai: Maruti Suzuki India Limited (MSIL) has forged a strategic partnership with HSBC India to provide dealer financing solutions, enhancing the working capital options for its vast network of over 4000 sales outlets nationwide. This new collaboration, formalised through a Memorandum of Understanding (MoU), empowers Maruti Suzuki dealerships with comprehensive inventory funding options to meet evolving market demands.
The MoU was signed with key representatives from both companies in attendance. From Maruti Suzuki, senior executive officer of marketing & sales, Partho Banerjee; VP of allied business, Kamal Mahtta; and general manager of Maruti Suzuki finance & driving school, Vishal Sharma. HSBC India was represented by CEO, Hitendra Dave; head of commercial banking, Ajay Sharma; head of global banking, Amitabh Malhotra; country head of business banking, Gaurav Sahgal; and head of global trade solutions, Runa Baksi.
Commenting on the collaboration, Banerjee said, “We are committed to support our dealers in ensuring their readiness as per evolving customer and market needs. Our collaboration with HSBC India will focus on innovative financing solutions for inventory funding for our dealer partners. This strategic alliance will leverage the combined strengths of MSIL and HSBC India to offer comprehensive working capital solutions for our dealer partners.”
Sharma also shared his enthusiasm, noting, “We are pleased to collaborate with MSIL, a leader in the country’s automotive sector, as a financing partner to their extensive dealer network. Our deep understanding of the business dynamics and the evolving needs of dealers coupled with our tailored product offerings will enable us to support dealers through every stage of their business growth.”
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FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
