Friday 27 January 2017

Demonetisation affected repayment of auto loans

Repayment of Indian auto loans got affected by demonetisation and it would take a couple of months for collections to come back to normal levels. Demonetisation appears to have had a negative impact on Indian auto loan repayments. It is possible that collections will fall further in early 2017, and we believe it could take at least another two to three months for collections to return to normal.

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