NBFCs rev up vehicle loan AUM to ₹11 trillion by FY27

Non-banking financial companies, or NBFCs, are revving up their engines! They're predicting a 16-17% annual boost in vehicle loan assets, hitting a whopping ₹11 trillion by March 31, 2027. Used vehicle loans are zooming ahead thanks to lower costs, while rural demand keeps two-wheelers and tractors steady. Get ready for a wild ride in vehicle finance!