Q. Which private sector lender has launched 30-minute 'Xpress Car Loans,' an end-to-end digital new car loan solution for both existing and non-customers?
Answer:
HDFC Bank
Notes: HDFC Bank, a private sector lender, has introduced 30-minute ‘Xpress Car Loans’, an end-to-end digital new car loan solution for both existing and non-customers. The bank has integrated its lending application with automobile dealers throughout India. It is the industry’s first automotive lending experience, and it is expected to change the way automobile financing is done in India.