Vehicle Finance

Growth, asset quality challenges to subside in the near term

Mahindra Finance Q2 FY26: Strong growth, higher margins boost profitability

Valuation re-rating hinges on cyclical recovery in the core segment

Mahindra Finance’s re-rating hinges on diversification strategy, steady credit cost

Cost tailwinds, better mix, and higher fee-based income to drive RoA

Banks amp up their vehicle finance portfolios in Q2

Two-wheelers and commercial vehicles boosted business for lenders during the July-September quarter.

Banks go aggressive on vehicle finance, tie up with manufacturers

Kotak Mahindra Bank, IDFC First Bank and CSB Bank lead the show. Some banks see demand going up and plan to grow their portfolio aggressively, other than through partnerships with car manufacturers also.

Cholamandalam Investment’s total borrowing may remain in range of Rs 1.15-1.18 lakh cr in Q2, says CFO Arul Selvan

The company is expecting new business to constitute around 15 percent of the overall book in the next two years, Selvan added.

NBFCs' assets under management expected to grow by 13-14% in FY23-24: CRISIL Ratings

According to the CRISIL report, the assets under management (AUM) of NBFCs was Rs 24.6 lakh crore as on March 2020, Rs 25.1 lakh crore on March 2021, and around Rs 27 lakh crore on March 2022.

Sundaram Finance: Growth on track, focus to shift on driving margin

Strong momentum continued in Q3, led by robust commercial vehicle demand, aided by higher fleet utilisation

Shriram Finance: Is the new journey worthwhile for an investor?

A stronger merged entity with better cross-sell opportunity and better financial risk profile to drive future growth

Mahindra Finance: Strong momentum on macro tailwinds

Growth in loan book and asset quality control led to an improvement in Q3; pick-up in new businesses to drive further growth

Cholamandalam Investment and Finance Company: Is the premium valuation justified?

Strong signs of recovery in the auto and mortgage segments are key growth levers that will fuel stock upside

Shriram Finance Limited: Awaiting the makeover magic to work

Encouraging outlook as the company transforms from a uni-segment entity to a more diversified play after the merger. Second quarter saw a decent growth in disbursement, coupled with improving margins, asset quality and credit cost

Mahindra Finance: Primed for growth, but near-term hiccups stay

Strong signs of recovery in the auto and the tractor segments, robust disbursement, improving asset quality and a pick-up in newly started businesses provide meaningful tailwinds for Mahindra

This asset financing company has a pricey valuation, but merits attention

Strong signs of recovery in the auto and mortgage segments, robust disbursement, improving asset quality and pick-up in newly launched businesses provide meaningful tailwinds for Chola

Tata Motors ties up with Bandhan Bank for passenger vehicle finance

As part of the tie-up, Bandhan Bank will provide loans to Tata Motors' customers at an interest rate starting from as low as 7.5 per cent, the automaker said in a statement.

Ideas For Profit | IndusInd Bank

IndusInd has so far has negotiated the second wave of the Covid pandemic impressively. Armed with capital, excess provision and a high quality balance sheet, growth revival will only be a matter of time. With an undemanding valuation, we see more re-rating ahead. Here’s why

Bajaj Finance Q1 hits a rough patch, asset quality loses balance

The stock upside hinges on progress of digital plans

RBI seeks details of HDFC car loan probe, including info on remedial steps taken

On July 18, HDFC Managing Director Aditya Puri said an internal inquiry was initiated after a whistle-blower complaint, which led the bank to uncover ‘personal misconduct’ by some of its employees

See 14-15% AUM growth in FY17: Shriram Transport

Umesh Revankar, Managing Director of Shriram Transport Finance Company expects a 14-15 percent AUM growth for new vehicles in FY17.

CV financing biz unaffected due to mining woes: IndusInd

IndusInd Bank has seen no impact so far on its vehicle finance business from the disruption of mining activities in many parts of the country, a top official has said.

Murugappa Grp to up capacity in fertiliser, sugar companies

A Vellayan, Executive Chairman of Murugappa Group joins CNBC-TV18 to talk about the group’s companies and the headways they have made.

IndusInd & M&M auto division sign MoU for vehicle finance

A memorandum of understanding (MoU) has been signed between private sector player IndusInd Bank and Mahindra & Mahindra. The strategic alliance will see IndusInd Bank supply vehicle finance to the entire range of vehicles coming from M&M’s stable, reports Business Standard.