used vehicles: Competitive intensity in used vehicle market to be on the rise: India Ratings

used vehicles: Competitive intensity in used vehicle market to be on the rise: India Ratings

India Ratings and Research expects vehicle financiers to increase the share of used vehicles in their overall vehicle asset under management (AUM). This is because the rising new vehicle prices, driven by the changes in emission norms, technological changes and higher commodity prices, have made the purchase of new vehicles out of reach for first-time … Read more

icici bank and tata steel: ICICI Bank provides Rs 2,675-crore debt facility to Tata Steel for three years

icici bank and tata steel: ICICI Bank provides Rs 2,675-crore debt facility to Tata Steel for three years

Mumbai: ICICI Bank has provided a ₹2,675 crore debt facility to Tata Steel for a term of three years to repay its existing debt, said people aware of the development. Tata Steel has raised ₹2,700 crore through unsecured fixed-rate bonds at 7.79%, show documents filed with National Securities Depository Ltd. Tata Steel will make a … Read more