CVS, UVS TO DRIVE UP VEHICLE AUM TO RS 8.1 LAKH CR IN FY25
The Business Guardian|December 31, 2023
Rising demand for commercial vehicles (CVs), cars, utility vehicles (UVs) and two-/ three-wheelers, accompanied by bigger ticket financing and the government’s focus on infra spending are set to push vehicle financing assets under management (AUM) for non-banking financial companies (NBFCs) to a high of Rs 8.1 lakh crore by 31 March, 2025.
NIVEDITA MUKHERJEE
CVS, UVS TO DRIVE UP VEHICLE AUM TO RS 8.1 LAKH CR IN FY25

The surge from Rs 5.9 lakh crore as on 31 March, 2023, marks a compound annual growth rate (CAGR) of 17 per cent with CVs holding the lion’s share in vehicle financing AUM, constituting around 50 per cent as on 31 March, 2023, followed by cars/ UVs at 29 per cent, two-/ three-wheelers at 11 per cent and tractors at 10 per cent.

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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