Market Share of India Auto Loan Industry
In India, the auto loan industry is relatively fragmented, with a mix of big banks, non-banking financial firms (NBFCs), and other financial institutions functioning in the market. Technological innovations in the banking industry are resulting in lenders offering their digital loan services to increase their reach and market size. Some of the key players in the Indian auto loan market are HDFC Bank Limited, State Bank of India, ICICI Bank Limited, Mahindra & Mahindra Financial Services Limited, and Axis Bank Limited.
India Auto Loan Market Leaders
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HDFC Bank Limited
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State Bank of India
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ICICI Bank Limited
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Mahindra & Mahindra Financial Services Limited
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Axis Bank Limited
*Disclaimer: Major Players sorted in no particular order
