INDIA: Maruti moves into finance, insurance, used cars, pay off
Maruti Udyog, the maker of Suzuki-designed cars and India's market leader, on Tuesday said that car loans disbursed under Maruti Finance have reached 5 billion rupees. Launched on January 7 in Mumbai last year, Maruti Finance has since been extended in phases and now covers almost the entire country, exceptparts of North India and Gujarat where it will be rolled out soon.
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