Vehicle Financing News - Latest Updates & Headlines
NBFC's 2-wheeler AUM expected to grow at 18-19 pc in FY26: Report
New Delhi, Oct 27: Assets under management (AUM) of Non-Banking Financial Companies (NBFCs) for the two-wheeler (2W) segment are expected to grow at 18-19 per cent this financial year (FY26), driven by higher cost of vehicle ownership, a report said on Monday.
Auto industry welcomes RBI's rate cut decision, believes it will add to consumer affordability
New Delhi, June 6: The Automobile industry has supported the Reserve Bank of India's rate-cut decision, and they believe that this decision will add positive sentiment among consumers in the market.
Vehicle finance AUM in India to touch Rs 9.4 lakh cr through FY26, used vehicles' sale to surge
New Delhi, Jan 14: The vehicle finance assets under management (AUM) in India is expected to touch Rs 9.4 lakh crore through next fiscal (FY26) with a compound annual growth rate (CAGR) of 15-16 per cent for this fiscal and next, according to a report on Tuesday.