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VEHICLE FINANCING TO SEE UPTICK FROM FOURTH QUARTER: INDUSIND BANK CHIEF(Indian Business Insight Via Acquire Media NewsEdge) The Managing Director and Chief Executive Officer (MD & CEO) of IndusInd Bank has said that the financing of commercial vehicles (CV) is likely to register an uptrend from Jan-Mar 2015. The expectation is based on the firming up of freight rates, improved capacity utilisation and orders from the industry. According to him, there would be a cyclical uptrend in CV financing and all the factors that indicate demand to pick up are positive. |