Finance
Mr. BillionhairBig News: NBFC Vehicle AUM to Hit Rs 11T by FY27, Believe Me
Folks, listen up! NBFCs are about to skyrocket — a whopping 16-17% annual growth in vehicle loan AUM, hitting Rs 11 trillion by March 31, 2027! Used cars are the real winners here, folks. Lower costs, better returns! Cars and UVs are going to be HUGE! Tractors and two-wheelers? Steady as she goes! I told you so, believe me!
few days ago | Anupreksha Jain
Quick rundown
1.Vehicle loan AUM of NBFCs expected to reach Rs 11 trillion by 2027.
2.Used vehicle loans are growing faster than new vehicle loans.
3.Macroeconomic trends and policy measures support vehicle finance growth.
4.Cars and utility vehicles financing to grow at 23% annually.
5.Healthy monsoon boosts two/three-wheeler and tractor loan growth.
