Commercial Vehicle Financiers - Cherry Picking The Quality: Prabhudas Lilladher
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Prabhudas Lilladher Report
Our interaction with industry experts over commercial vehicle finance business scenario in light of second Covid-19 wave suggest:
Not the state-wise movement curbs, but the labour/driver exodus (Maharashtra, Delhi) is creating fresh hurdles for transport operators.
Second wave has engulfed functioning of e-commerce operations; Delhi market is witnessing operators withdrawal.
Bus segment continues to remain under stress.
Medium Heavy Duty Commercial Vehicles better placed than Small Commercial Vehicles; Government of India schemes aiding MHCV operators.
Emergency Credit Line Guarantee Scheme borrower collections to be watched out for; clarity to emerge post September 2021.
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