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Used car loans grew faster than auto loans in last five years despite higher stress: Report
Used car financing grew faster than auto loans over five years. The used car finance portfolio reached Rs 1.3 lakh crore by June 2026. Auto loans portfolio grew to Rs 9.9 lakh crore during the same period. Financiers funded used cars despite facing higher stress levels. Overall asset quality in the wheels finance segment is now stabilising.
Raccontata da
economictimes.indiatimes.com
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Used car loans grew faster than auto loans in last five years despite higher stress: Report
Used car financing grew faster than auto loans over five years. The used car finance portfolio reached Rs 1.3 lakh crore by June 2026. Auto loans portfolio grew to Rs 9.9 lakh…
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Commercial vehicle loans post 20.1% five-year CAGR as used cars and auto premiumisation drive lending: report
Commercial vehicle loans will grow significantly over five years. Used car loans are the fastest-growing segment, formalizing credit access. Two-wheeler financing maintains the…