Reliance on short funding poses a risk to vehicle finance companies: Moody's

Heavy dependence on short wholesale funding and skinny liquidity create common risks for Indian vehicle finance corporations. Vehicle finance corporations in the Republic of India ar among the quickest growing in Asia, making the most of favorable economic and demographic conditions, though vehicle sales ar speed as economic conditions worsen. The danger is highlighted by the IL&FS default that sparked a squeeze for the entire non-bank fin....