Car loans hit a bump as lenders tighten norms
NBFCs, which in a normal year disburse Rs 25,000 crore to Rs 30,000 crore, used relatively easy CIBIL criteria to lend. Now, their customers …
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Passenger vehicle downward cycle bottoming out: Maruti Chairman
Bhargava said the slowdown, triggered by the non-banking lending crisis, will ease out to some extent with banks relaxing lending norms in the past …
Autos – How a shadow banking crisis sent India’s autos sector into a tailspin
Autos – Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki India dealership on the outskirts of Mumbai some two hours …
Hyundai to invest Rs 2k cr for Rs 10 Lakh e-car
Hyundai aims to have a mass-volume affordable electric model for wider sections of the market. Hyundai is planning to drive in a Rs 10-lakh …
Auto sector to see uptick in hiring this fiscal
MUMBAI: India’s automobile industry is expected to step up hiring over the next year as new products and technologies, expanding capacity and stiffer emission …
