Bank of Baroda Signs MoU with VinFast Auto India for Dealer Financing | Feb 9

Mumbai, February 9, 2026: Bank of Baroda has signed a Memorandum of Understanding (MoU) with VinFast Auto India Private Limited at its Baroda Corporate Centre in Mumbai to provide structured financing solutions to VinFast’s dealer network across India.

The partnership aims to support VinFast dealers with tailored supply chain finance and working capital solutions, enabling smoother operations and fostering sustainable business growth.

The MoU signing ceremony was attended by Mr. Pham Sanh Chau, CEO – VinFast Asia, along with senior officials from Bank of Baroda, including Mr. Madhur Kumar, Chief General Manager – MSME Banking, Co-lending and Supply Chain Finance, Mr. D. Ananda Kumar, General Manager – Supply Chain Finance, Mr. Naga S. Mandava, Deputy General Manager – Supply Chain Finance, Mr. Manoj Kumar Jha, Mr. Ajoy Kumar Sharma, and Mr. Adarsh Dhimole, among others.

Through this collaboration, Bank of Baroda seeks to expand access to structured and customized financing solutions for VinFast dealers, strengthening the electric vehicle ecosystem in India and supporting the country’s transition toward sustainable mobility.

The partnership reflects Bank of Baroda’s continued focus on enabling supply chain efficiency while supporting emerging industries and global manufacturers operating in India.