Non-bank lenders eye electric vehicle financing to grow business
The non-bank lender has tied up with Okinawa, Ather Energy and Ampere. The two-wheeler financing segment is 26-27 per cent of its total loan portfolio. Hero Electric has also collaborated with Wheels EMI to offer easy financing options for the purchase of electric two-wheelers in India.
Enough cushion in place for NBFCs to manage operating headwinds in H2 FY22: ReportIndia Ratings and Research in a report said non-banks have adequate system liquidity (because of regulatory measures), sufficient capital buffers, stable margins due to low funding cost and on-balance sheet provisioning buffers.
https://ift.tt/3DA5rh6
Post a Comment