Vehicle Finance

Vehicle loan AUM to vroom past Rs 8 lakh crore next fiscal

Improved asset quality to support profitability amid NIM compression  The vehicle financing assets under management (AUM) for non-banking financial companies (NBFCs) are poised to  surge to Rs 8.1 lakh crore by March 31, 2025, from Rs 5.9 lakh crore as on March 31, 2023, marking a compound  annual growth rate (CAGR) of ~17% (see chart […]