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Banks cautious on loans for 2-wheelers

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  • Published On: December 18, 2007
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The road ahead for two-wheeler companies is set to get tougher with large banks like ICICI tightening two-wheeler loans after RBI's crack down on recovery agents. With RBI cracking down on loan recovery agents, banks have been forced to review and tighten their lending policies to segments like two-wheelers where default rates have been on the rise.
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