Authors : U. Bhuvaneswari, Sharon Sophia and Malathy Venugopal
Abstract: People with high purchasing power afford to buy luxury cars. However, majority of these people too, make the purchase of these luxury cars through vehicle finance services. These are the people with good credit score and will be granted with credit by vehicle finance service providers. Even though they have good credit score and high purchasing power there is risk involved with these credit portfolios as well. This study deals with data set comprising of luxury car credit portfolio to establish the interest and risk relationship characterized by relevant variables. The main motive of this study is to assess the risk associated with these portfolios and has established the relationship between interest rate and default with the help of regression analysis.
U. Bhuvaneswari, Sharon Sophia and Malathy Venugopal, 2018. Interest-Risk Relationships in Luxury Car Credit Portfolio in India. International Business Management, 12: 408-414.