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Kotak's auto financing arm bets on SUVs and used car business

By Economic Times - 4 months ago
Kotak Mahindra Prime aimed to grow its ₹30,000-crore book by targeting SUV and used car sectors. The finance arm anticipated that festive season discounts and custom financing would boost sales. Director Shahrukh Todiwala projected single-digit industry growth, expecting inventory pile-ups at dealerships to clear during the festive months.

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