Our extensive channel checks across first time buyers, small & large fleet operators and credit heads are suggestive of a bleak 9MFY22 for CV financiers. While lockdown impositions stand behind and collection efficiencies have picked up (avg. 90%), the repayment capabilities of driver/owner, small fleet operators continue to remain weak. While festive season demand is building up, fleet operators expect mere 10-15% business growth uptick from current levels and the same is function of improved consumption trends. Immediate concerns such as pandemic related...