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Ashok Leyland’s loans division to expand two-wheeler financing

24 Jan 2013 Evaluate

Truck maker, Ashok Leyland’s loans division Hinduja Leyland Finance, is planning to expand aggressively in two-wheeler financing, a segment that has seen the exit of several biggies because of the high default rates and thin margins. The company believes that, two-wheeler financing is a transaction driven business and is confident of managing the transaction costs, both operating and credit costs.

As against other segments, it is extremely difficult to track down a defaulter and-unlike car financing-laws don't allow banks to repossess vehicles for non-payment of dues, but Hinduja Leyland is convinced about its prospects.

Ashok Leyland Share Price

178.00 7.60 (4.46%)
10-Apr-2026 16:59 View Price Chart
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Company Name CMP
Ashok Leyland 178.00
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