Mumbai, September 29
Commercial vehicle (CV) financing is expected to grow from the fourth quarter of this financial year on the back of firming of freight rates, improved capacity utilisation and orders from the indu...
September 4, 2014
The value-added solution is gaining ground, says MD
Bangalore, August 3
Karnataka Vikas Grameena Bank (KVG Bank), a regional rural bank headquartered in Dharwad, has entered into an agreement with TVS Motors for financing three-wheelers (auto rickshaw). ...
Kochi, July 15
Muthoot Vehicle and Asset Finance Ltd (MVFL) has tied up with Maruti Suzuki India Ltd to provide vehicle finance for Maruti cars. The finance scheme — Muthoot Maruti Gold to Car Scheme (...
New Delhi, July 4
Shriram Transport Finance Company Ltd (STFCL) will not look to raise any equity capital at least for the next three years, its Managing Director & Chief Executive Officer Umesh Revankar has sa...
June 22, 2014
Backed by a strong network of chit fund customers, the firm has emerged a key player in the small enterprise and retail segments in the last 10 years »
Chennai, May 26
To strengthen presence outside South India from the current year, says MD
Mumbai, May 19
New Govt’s policies on mining, infrastructure to spur demand »
Hyderabad, Oct 12:
Andhra Bank has sanctioned Rs 50 crore spot loans to over 250 prospective home and vehicle buyers in its mega property show which concluded here on Sunday.``In addition, we have got bus...
Hyderabad, September 11
Targets 20% growth by more disbursals
Hyderabad, August 22
Move aimed at checking rising bad loans in auto segment
Mumbai, July 23
Industry sees business improving from third quarter »
Ahmedabad, July 14
Public sector lender Corporation Bank has tied up with Atul Auto Ltd for financing commercial vehicles manufactured by the Gujarat-based company. For this, the Bank has signe...
Mumbai, June 26
Ashok Leyland Ltd, flagship of the Hinduja Group, and mid-sized lender Yes Bank have signed an MOU (Memorandum of Understanding) to extend retail financing to customers of Ashok Leyland’s commercia...
Coimbatore, June 12
From money shops to specialised cells, banks target the retail sector
May 25, 2014
The bank’s vehicle financing business can zip ahead if there’s a turn in the economic cycle »
March 17, 2014
The economic slowdown has meant that non-performing loans of both deposit-taking and non-deposit-taking Non-Banking Financial Companies (NBFCs) have shot up over the past two years. But discipl...