Tata Motors has appointed the country's largest lender, the State Bank of India (SBI) as an exclusive booking agent for Nano. The ambitious small car due to launch by Tata group soon, is expected to record decent sales.
The Chief Manager of SBI, Jayanta Kumar Sinha, said on Friday, "SBI has been selected as the sole booking agent for Nano."
However, Mr. Sinha refused to disclose details of deal between SBI and Tata and said that official announcement is likely to come in few days.