Banks, NBFCs Deal Another Blow To India’s Battered Auto Industry
Maruti Suzuki vehicles stand lined up at the Maruti Suzuki India Ltd. Brand Center in New Delhi. (Photographer: Nishant Sharma/BloombergQuint)

Banks, NBFCs Deal Another Blow To India’s Battered Auto Industry

One indicator may be worrying for India’s automakers even as sales rebound after April’s complete washout—lenders have turned stricter.Around 80% of owners, according to an auto dealers' lobby, bou...
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