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Post Covid-19 lockdowns, demand for vehicle loans is rising, says financier

The lockdown, which impacted the movement of vehicles across states, and subdued economic growth in the last few years impacted sales of commercial vehicles

Topics
Cholamandalam Investment & Finance | Vehicle Loan | Coronavirus

Ganesh Nagarajan | Bloomberg 

Traffic, vehicles
Sale of cars and two wheelers in India are slowly rising after witnessing near zero sales in April as the country went into a total lockdown

Cholamandalam Investment and Finance Company Ltd., a vehicle financier, is seeing a rise in demand for personal mobility vehicle loans as the nation emerges from coronavirus-induced lockdowns.

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First Published: Fri, August 07 2020. 17:11 IST