Sunday, September 22, 2019

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 are struggling to get alternative sources of funding.

from Auto-Industry-Economic Times https://ift.tt/30INFDC

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...