Car loans rise 49% as premiumisation spreads beyond metros: TransUnion CIBIL
Growing role of financing in making higher-priced vehicles affordable (for liiustration) | Photo Credit: The Hindu India’s shift towards higher-value cars is driving up vehicle loan sizes and extending repayment tenures, with premiumisation increasingly spreading beyond metropolitan centres to semi-urban and rural markets, according to a study by credit information company TransUnion CIBIL. The study,…
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