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Vehicle loans outstanding rise 22% in May despite high interest rates, ET Auto

According to FADA, the auto retail sales in June demonstrated a 10% year-on-year growth, encompassing positive performances across various vehicle categories, including 2-wheelers, 3-wheelers, passenger vehicles, tractors and commercial vehicles.

Godrej Agrovet wins prestigious India Risk Management Awards

Mumbai (Maharashtra) [India], April 28 (ANI/PRNewswire): Godrej Agrovet Limited (GAVL), one of India's largest diversified agribusiness companies, has been recognized as the winner at the India Risk Management Awards 2022-23, presented by CNBC-TV18 and ICICI Lombard. Received on behalf of the company by S Varadaraj, Chief Financial Officer and Head - Legal & IT, this accolade acknowledges GAVL's unwavering commitment to excellence in risk management amid the challenges posed by a rapidly evolving global economy, geopolitical conflicts, technology acceleration, and shifting global value chains. https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/serveFlavor/entryId/1 6wg7cpum/flavorId/1 j57zhz4i/prn folder/MNR/prn id/Publish+Order+Part%3a+3850835-1+file+identifier%3a+4010878/prn flavor/Source/prn filename/V-Swaminathan-Godrej+Industries GAVL has established a comprehensive risk management program comprising of well-defined procedures, structures, and guidelines to iden

Andromeda Loans receives ISO Certificate again

Mumbai (Maharashtra) [India], November 22 (ANI/NewsVoir): Andromeda Loans proudly announces that it has reobtained ISO certification for the optimal management of its information security under ISO 27001:2013, in September 2022. This certification has been issued by the International Standards Organization (ISO), after a rigorous evaluation process conducted by a third-party assessor, Pyramid Certifications LLP. Andromeda has been recognized for its management system for information security that supports the loan distributor's business processes. The scope of certification also includes its other functions including information technology, human resources and admin operations in Mumbai. Andromeda Sales and Distribution Private Limited is India's leading distributor of loans, along with mortgages, and other financing and financial instruments such as credit cards, home loans, unsecured business loans, and car loans. The company is headquartered at Mumbai and has a strong presen

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