The Car Finance Market is Expected to Grow at a CAGR of 13.5% from FY’2016 – FY’2020- Ken Research The pre-owned car finance market has emerged as one of the fastest growing market in the previous few years. The major players or the financiers in the Pre-Owned car finance market are banks and the NBFC’s wherein the major share has gone to the banks because of the underlying trust of the people in banking… Read More »
The Loan Disbursements for New Cars are Projected to Incline at CAGR of 13% The India Car Finance Market includes financing of both new and pre-owned cars. The India Car Finance Market has emerged as one of the fastest growing markets since past few years. The major driving force behind this market has been the total number of cars sold in the country. Although buyers in India prefer a… Read More »
India Car Finance Market Outlook to FY’2020 – Driven by Spurring Car Sales and Reduction in Average Ownership Period Future growth of India car finance market is expected to be led by improvement in technology for internet and mobile banking and increased car sales of new and pre-owned cars The market leader, HDFC Bank is expected to maintain focus on advancing technology and providing better interest rates and services to its customers to compete… Read More »
