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Citicorp, Caterpillar in financing tie-up

Our Bureau

MUMBAI, Aug. 9

CITICORP Finance (India) Ltd and Caterpillar India Private Ltd have entered into a sales financing alliance programme to offer financing to customers proposing to procure Caterpillar's earthmoving equipment.

The agreement for this was signed last month end, an official statement from Citigroup said.

"The alliance would offer equipment finance solutions to the entire range of Caterpillar customers including contractors and large corporates,'' the statement said.

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