Tag: commercial vehicle finance
AUTO Ashok Leyland To Infuse ₹825 Cr Into Hinduja Housing Finance, Optare Plc

Ashok Leyland has approved investments totalling around ₹825 crore in Hinduja Housing Finance Ltd (HHFL) and its UK-based subsidiary Optare Plc, as the commercial vehicle maker looks to strengthen its financial ecosystem and support its electric mobility and international operations. The board has approved an investment of ₹500 crore in equity shares of Hinduja Housing […]

CW Bureau · Aug 14, 2026
AUTO Ashok Leyland, Drivn Join Hands To Finance Electric Commercial Vehicles

Ashok Leyland, the flagship of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has signed a memorandum of understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles, to offer customised financial solutions to customers buying Ashok Leyland’s electric vehicles. The partnership is aimed at making electric […]

CW Bureau · Aug 10, 2026
BANKING & FINANCE Shriram Finance Q1 Profit Zooms 60% As Lending Momentum Stays Strong

Shriram Finance Ltd has reported around 60% year-on-year jump in its standalone net profit in the June quarter, driven by strong growth in lending, higher net interest income and expansion of its loan portfolio. The non-banking financial company (NBFC) posted a profit after tax (PAT) of ₹3,444.56 crore for the first quarter ended June 30, […]

CW Bureau · Jul 24, 2026
BANKING & FINANCE Kotak Mahindra Bank Bets On SME, Institutional Segments For Growth

Leading private sector lender Kotak Mahindra Bank Ltd is sharpening its focus on SME and institutional businesses as key growth drivers, while leveraging the group’s diversified financial services structure to scale up its franchise. The SME franchise, which accounts for nearly 24% of the bank’s advances book, continues to anchor primary banking relationships and deliver […]

CW Bureau · May 9, 2026