Mahindra Finance forays into mortgage business
Mahindra & Mahindra Financial Services intends to leverage its geographical presence in the retail lending space.
Mahindra & Mahindra Financial Services intends to leverage its geographical presence in the retail lending space.
Centrum Broking has downgraded Mahindra Finance to ’Sell’, saying that fraud at one of the branches may impact its earnings.
The company plans to make an initial investment ranging from ₹5 crore to ₹10 crore.
The company's automotive business clocked the highest-ever volumes in the first quarter at 186,000 units
The Mumbai-based non-banking financial company repossesses about 4,000 to 5,000 vehicles per month, using the third-party agencies and its own employees.
Ban follows death of a borrower's pregnant daughter amid a forced seizure of tractor.
The incident comes amid a high recovery rate of delinquent loans by NBFC in the first quarter of the current fiscal.