Vehicle finance plays a critical role in enabling individuals and businesses to own vehicles through structured credit facilities. But have you ever wondered how lenders assess risk before approving a vehicle loan? Let’s break it down!
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Introduction
Jio Financial Services (JFS), a financial arm of the energy-to-telecom conglomerate Reliance Industries Limited (RIL), has recently transitioned from a Non-Banking Financial Company (NBFC) to a Core Investment Company (CIC). This sign...