Macquarie’s banking unit to stop offering new car loans

April 22 (Reuters) – Financial conglomerate Macquarie Group said on Monday its banking and financial services unit will cease to offer new car loans through direct, broker and novated lease channels in a bid to prioritise growth of home loan and deposit offerings.

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Sherry Jacob-Phillips)

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