India’s mobility and logistics sector witnessed relatively stable trucking activity in February, with truck rentals across major trunk routes remaining largely rangebound month-on-month, according to the latest industry data. Despite the stable month-on-month trend, several key routes recorded notable year-on-year growth. The Delhi–Mumbai–Delhi corridor led the growth with an 8% increase in truck rentals, followed […]
As electric mobility gathers pace in India, the ecosystem supporting EV adoption is expanding beyond vehicle technology and charging infrastructure to include innovative financing solutions. In line with this shift, Axis Bank has announced that it will become a preferred financer for Tesla, offering customised financing options designed specifically for customers purchasing Tesla vehicles in […]
Nissan Motor India Pvt. Ltd. (NMIPL) today announced an aggressive new retail finance programme through Nissan Renault Financial Services India (NRFSI), unveiling one of the industry’s lowest interest rates—starting at just 5.55%—for all CIBIL-rated customers. The scheme, which also offers up to 100% on-road funding, is designed to make the popular Nissan Magnite even more […]
Ecofy plans to deploy INR 100 crore towards financing Ather electric two-wheelers, supporting wider EV adoption Ecofy, a pioneering green-only NBFC backed by Eversource Capital, has announced a strategic partnership with Ather Energy, one of India’s leading electric vehicle manufacturers to serve as a preferred financing partner across Ather’s electric two-wheeler ecosystem. Bringing together two […]
Ashok Leyland has signed a Memorandum of Understanding (MoU), with Rajasthan Gramin Bank, the largest bank in the state by number of branches, to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and Rajasthan Gramin Bank to offer customized financial solutions to the customers. Mr. Viplav […]
The company follows an inclusive approach that looks beyond salary slips. It considers savings behaviour, existing banking relationships, and the ability to make a suitable down payment. From metros to remote towns, women today are transforming how mobility is lived and understood. Whether it’s students heading to college, professionals weaving through city traffic, or entrepreneurs […]
AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to secure in-principle approval to transition into a Universal Bank, has signed a strategic Memorandum of Understanding (MoU) with Honda Motorcycle & Scooter India (HMSI). The partnership aims to make two-wheeler ownership easier and more accessible by […]
HDB Financial Services, one of India’s leading Non-Banking Financial Companies, has announced a new partnership with Honda Motorcycle & Scooter India (HMSI) to offer fast, flexible and affordable financing options for Honda’s entire two-wheeler range. Under this collaboration, HDB Financial Services will serve as a preferred finance partner across Honda’s nationwide dealer network, strengthening access […]
SML Mahindra Limited has entered into a Memorandum of Understanding (MoU) with Indian Bank to strengthen its dealer ecosystem through structured inventory funding support. Under the partnership, Indian Bank will extend working capital assistance to SML Mahindra’s authorised dealers through its Supply Chain Finance (SCF) platform, enabling smoother inventory funding at competitive and transparent terms. […]
Kinetic Watts & Volts Ltd., the electric mobility arm of the Kinetic Group, has strengthened its customer outreach by unveiling a comprehensive retail finance ecosystem for its DX+ and DX electric scooters. The company has partnered with Hero FinCorp Ltd, Bajaj Finserv Ltd and fintech platform CleverPe to offer a wide spectrum of financing choices—ranging […]
AIS Windshield Experts, a subsidiary of Asahi India Glass Ltd. (AIS), is rapidly expanding its footprint across the country, reinforcing its position as India’s largest car glass repair and replacement network. As it adds new outlets nationwide, the brand is using its growing scale to tackle one of the biggest frustrations faced by Indian car […]
TVS Motor Company has entered into a strategic partnership with Manba Finance Limited to strengthen access to retail finance for its commercial mobility portfolio across India. The two companies have signed a Memorandum of Understanding aimed at improving vehicle affordability and expanding structured financing options for customers operating in both urban and rural markets. Under […]
Citroën India has announced a strategic partnership with Sundaram Finance Ltd, one of the country’s most trusted financial institutions, to strengthen its retail financing ecosystem and improve car ownership accessibility across India. The collaboration supports Citroën’s ‘Citroën 2.0 – Shift into the New’ strategy, which focuses on delivering seamless, customer-centric purchase and ownership experiences. By […]
Ashok Leyland, the flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to support its Medium and Heavy Commercial Vehicle (MHCV) dealer network with competitive and flexible financing solutions. The MoU was signed by Mr. K. M. Balaji, Chief Financial […]
In a landmark development for India’s commercial vehicle industry, SML Mahindra Ltd. — formerly SML Isuzu Ltd. — joined hands with the Mahindra Truck and Bus Division (MTBD) to host a Joint Financiers Meet at Mahindra Towers, Worli, Mumbai. The event marked the first collaborative initiative following SML Mahindra’s integration with the Mahindra Group, symbolising […]