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Vehicle loans India: Vehicle loans outstanding rise 22 pc in May despite high interest rates

Vehicle loans outstanding increased by 22 per cent year-on-year to Rs 5.09 lakh crore in May, notwithstanding the Reserve Bank s rate hike spree in 2022-23. As per the latest RBI data, the total vehicle loan outstanding climbed from Rs 3.65 lakh crore in May 2021 to Rs 4.16 lakh crore in May 2022, and further to Rs 5.09 lakh crore as of May 19, 2023.

Rohan kanwar guptaVinod aggarwalFederation of automobile dealers associationsReserve bankAutomobile dealers associationsKanwar guptaVice presidentSector headIcra limitedExecutive chairmanAndromeda sales

Vehicle loans outstanding rose 22%c in May despite high interest rates

Vehicle loans outstanding rose 22%c in May despite high interest rates
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Vinod aggarwalRohan kanwar guptaFederation of automobile dealers associationsReserve bankAutomobile dealers associationsKanwar guptaVice presidentSector headIcra limitedExecutive chairmanAndromeda sales

Vehicle loans outstanding rise 22 pc in May despite high interest rates

Vehicle loans outstanding rise 22 pc in May despite high interest rates
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

New delhiVinod aggarwalRohan kanwar guptaFederation of automobile dealers associationsReserve bankAutomobile dealers associationsKanwar guptaVice presidentSector headCorporate ratingsIcra limitedExecutive chairmanAndromeda sales

Domestic tractor sales reach 8-month high in June amid mixed farm sentiments

Domestic tractor sales reach 8-month high in June amid mixed farm sentiments
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Hemant sikkaRohan kanwar guptaMechanization associationFarm equipment sectorVice presidentSector headCorporate ratings

Auto Wholesales in June 2023: Demand for new launches aid PVs, sustenance in 2Ws yet to be seen, ET Auto

Passenger Vehicles: As per industry estimates, PV wholesales stood at 3.27 lakh units in June this year, growing about 2% against 3.21 lakh units in June last year. However, the industry witnessed about 2% decline on a sequential basis, when compared to 3.35 lakh units dispatched in May 2023.

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