New Delhi, Dec. 10 -- With Indian economy growing at healthy pace in the current fiscal 2025-26 and expected to continue its momentum in the next financial year too, vehicle loans portfolio of non-banking financial companies (NBFCs) is projected to reach Rs 11 lakh crore by March 31, 2027.

In a report released on Wednesday, research and rating firm Crisil said that assets under management (AUM) of vehicle loans of non-NBFCs will grow a steady 16-17% annually over the current and next fiscals toRs 11 lakh crore on the back of policy support and macroeconomic tailwinds.

The report noted that growth of used vehicle loans will continue to outpace that of new vehicles.

"While sub-segments of vehicle loans will see differential growth trends...