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Gogoro Partners With Zomato, Kotak Mahindra Prime to Accelerate Adoption of EVs by Delivery Partners
Gogoro, Zomato and Kotak Mahindra Prime on Tuesday announced a collaboration on electric two-wheeler deployment to drive electric mobility in India. As part of this collaboration, the companies will offer last-mile delivery partners associated with Zomato affordable loan terms and battery swapping services.
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After RBI's Lending Rate Hike, Home, Auto Loans To Be Expensive
This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September.
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Hyderabad Auto Driver Dies By Suicide Amid Harassment Over Loan: Cops
An auto driver in Hyderabad died by suicide over alleged harassment by loan financiers. Hyderabad Kulsumpura Police Station has booked the company under FIR.
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"Will Build House": Kerala Auto Driver Wins Rs 25 Crore In Lottery
An auto-rickshaw driver, who was planning to go to Malaysia to work as a chef, on Sunday won the Rs 25 crore Onam bumper lottery in Kerala, just a day after his application for a loan of Rs 3 lakh was approved.
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EMIs To Rise As RBI Hikes Interest Rate Again
Home, auto and other loan EMIs are set to rise further after RBI on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation.
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EMIs Set To Rise As RBI Hikes Rates; Second Increase In 5 Weeks
Home, auto, and other loans' EMIs will rise after the Reserve Bank of India on Wednesday raised its key interest rate by 50 basis points, the second increase in five weeks.
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RBI's Repo Rate Hike Likely To Have Nominal Impact On Car Loans And Sales
The sudden revision has raised concerns among the car buyers and automakers, while according to the experts, it is likely to have minimal impact on interest rates.
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Impounded Supercars That Now Lie Abandoned Across India
Meta Description Luxury automobiles are impounded every year by the Indian Police and Directorate of Revenue Intelligence (DRI) mainly due to non-payment of import duties.
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Volkswagen, Ford To Exit Auto Finance Business In India: Report
Volkswagen Finance Private Ltd, the German carmaker's finance arm, stopped giving loans to car buyers in India last year.
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Coronavirus Pandemic: Honda Introduces Easy Car Finance Options For Customers
Honda Cars India has announced introducing a range of easy car finance scheme for its customers. The company says that it has been working closely with various financial institutions to offer some lucrative plans to increase affordability and support car purchase. In fact, the Japanese carmaker has partnered with Kotak Mahindra Bank for a customer-...
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Jaguar Land Rover Raises $705 Million Loan From Chinese Banks
Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the thr...
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Indian Carmakers Offer Teaser Loans As RBI Softens Stance: Report
Carmakers Maruti Suzuki, Hyundai and Mercedes Benz are offering buyers "teaser loans", a move sources said followed a softening of the Indian central bank's stance on the products in the face of a coronavirus crisis induced economic slump.
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BMW India Announces Easy EMI Plans On New Car Purchases
BMW India financial services is offering low initial payments on new BMW and MINI cars sold in the market.
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Coronavirus Lockdown 4.0: Maruti Suzuki Partners With HDFC Bank To Offer Finance Schemes
Just days after rolling out a host of different finance option in partnership with Cholamandalam Finance and ICICI Bank, Maruti Suzuki India has now joined hands with HDFC Bank to offer a range of flexible finance schemes for new car buyers.
-
Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
-
Gogoro Partners With Zomato, Kotak Mahindra Prime to Accelerate Adoption of EVs by Delivery Partners
Gogoro, Zomato and Kotak Mahindra Prime on Tuesday announced a collaboration on electric two-wheeler deployment to drive electric mobility in India. As part of this collaboration, the companies will offer last-mile delivery partners associated with Zomato affordable loan terms and battery swapping services.
-
After RBI's Lending Rate Hike, Home, Auto Loans To Be Expensive
This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September.
-
Hyderabad Auto Driver Dies By Suicide Amid Harassment Over Loan: Cops
An auto driver in Hyderabad died by suicide over alleged harassment by loan financiers. Hyderabad Kulsumpura Police Station has booked the company under FIR.
-
"Will Build House": Kerala Auto Driver Wins Rs 25 Crore In Lottery
An auto-rickshaw driver, who was planning to go to Malaysia to work as a chef, on Sunday won the Rs 25 crore Onam bumper lottery in Kerala, just a day after his application for a loan of Rs 3 lakh was approved.
-
EMIs To Rise As RBI Hikes Interest Rate Again
Home, auto and other loan EMIs are set to rise further after RBI on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation.
-
EMIs Set To Rise As RBI Hikes Rates; Second Increase In 5 Weeks
Home, auto, and other loans' EMIs will rise after the Reserve Bank of India on Wednesday raised its key interest rate by 50 basis points, the second increase in five weeks.
-
RBI's Repo Rate Hike Likely To Have Nominal Impact On Car Loans And Sales
The sudden revision has raised concerns among the car buyers and automakers, while according to the experts, it is likely to have minimal impact on interest rates.
-
Impounded Supercars That Now Lie Abandoned Across India
Meta Description Luxury automobiles are impounded every year by the Indian Police and Directorate of Revenue Intelligence (DRI) mainly due to non-payment of import duties.
-
Volkswagen, Ford To Exit Auto Finance Business In India: Report
Volkswagen Finance Private Ltd, the German carmaker's finance arm, stopped giving loans to car buyers in India last year.
-
Coronavirus Pandemic: Honda Introduces Easy Car Finance Options For Customers
Honda Cars India has announced introducing a range of easy car finance scheme for its customers. The company says that it has been working closely with various financial institutions to offer some lucrative plans to increase affordability and support car purchase. In fact, the Japanese carmaker has partnered with Kotak Mahindra Bank for a customer-...
-
Jaguar Land Rover Raises $705 Million Loan From Chinese Banks
Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the thr...
-
Indian Carmakers Offer Teaser Loans As RBI Softens Stance: Report
Carmakers Maruti Suzuki, Hyundai and Mercedes Benz are offering buyers "teaser loans", a move sources said followed a softening of the Indian central bank's stance on the products in the face of a coronavirus crisis induced economic slump.
-
BMW India Announces Easy EMI Plans On New Car Purchases
BMW India financial services is offering low initial payments on new BMW and MINI cars sold in the market.
-
Coronavirus Lockdown 4.0: Maruti Suzuki Partners With HDFC Bank To Offer Finance Schemes
Just days after rolling out a host of different finance option in partnership with Cholamandalam Finance and ICICI Bank, Maruti Suzuki India has now joined hands with HDFC Bank to offer a range of flexible finance schemes for new car buyers.
-
Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
