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The 34% Surge: How NBFC Muscle is Engineering India's Used-Car Financing Reset

2+ week, 11+ hour ago  (306+ words) Non-banking financial companies are fuelling a structural shift in Indian auto markets, extending credit to semi-urban and rural borrowers previously overlooked by traditional banks. This demographic, defined as households with annual incomes between Rs 2 lakh and Rs 10 lakh, is expected…...