Dessie Rautela (Umbrella Tipper Machine)

List of Contributed Questions (Sorted by Newest to Oldest)

No Question(s) Posted yet!

List of Contributed Answer(s) (Sorted by Newest to Oldest)

Answer # 1 #

Yes, absolutely. When car prices go down, more buyers enter the market. Most of these buyers depend on car loans. So loan companies will see more customers. Also, EMI per month will be slightly lower because of reduced price, making loans easier to sell. Banks and NBFCs will surely benefit.

Answered for the Question: "Will car loan companies benefit indirectly from the new Maruti Suzuki car GST rate?"