“Overall, the demand has been pretty good, the sentiments are very positive in rural India. There were some remarks received from some othe...

According to RBI data, loans against jewellery by banks stood at Rs 62,221 crore as of June 18, 2021 — an 80% increase over the previous ye...

If a shortage of parts has further extended the waiting period for new cars and SUVs, fewer people replacing their old cars for new and a f...

According to OLX India, demand for used cars on its platform was 133% more in August than February this year. Growth in supplies in the per...

Pandemic is only the latest blow; the headwinds have been gathering for the industry for a while. In 2019-20, passenger vehicles sales dipp...

For the current NPA numbers, we may not need to take additional coverage or additional provision.

While banks and NBFCs are still reluctant to finance used bikes, the good news is the financing penetration has gone up in pre-owned cars a...

Capacity utilisation was 30-35% in May with transport of essential goods — including medicines and specific food items — at pre-Covid level...

We enjoy many advantages, our growth won't slow, said the managing director.

Compared with positive behaviour, negative ones tend to trigger more intense and immediate responses.

Apart from GST rates, there are other issues like input tax credit, penal interest/charges for delayed remittance of EMI and sale of reposs...

With losses increasing, investors in bonds backed by car loans are demanding higher returns, as reflected by yields, on their securities.

Platinum climbed for a third day, widening its spread over gold to the biggest since August 2011, on concern that global supply will drop t...

Aircraft of financially-strained airlines are set to come under the scanner to ensure that the crippling cash crunch does not lead to compr...

The Indian Banks’ Association (IBA) is in favour of self-regulation by banks with respect to practices adopted by lenders for recovering pe...

With a high default rate of over 10%, recovery agents are here to stay. What's needed is a legal framework to protect both lenders and defa...

With a high default rate of over 10%, recovery agents are here to stay. What’s needed is a legal framework to protect both lenders and defa...