In Sept, Mahindra Finance expects further fall in NPAs as rural demand holds up: Ramesh Iyer“This year, collection efficiencies have been pretty good. Month after month, the NPAs are coming down and stage II is also showing continu...
06 Sep, 2022, 02.26 PM IST
Mahindra Finance reports 100% collection efficiency in SeptemberDuring September, the company’s total disbursement stood at Rs 1900 crore, a growth of 23% on a YOY basis, albeit on a lower base in FY21 d...
05 Oct, 2021, 11.27 AM IST
Mahindra Finance disburses over Rs 2,000 crore for second month in a rowWith opening of the economy and improved mobility, the Company witnessed a meaningful reduction in the NPA contracts during the month as cu...
03 Sep, 2021, 09.27 PM IST
Mahindra Finance Q4 results: Net profit falls 8% to Rs 219 crIts consolidated total income declined marginally at Rs 3,038 crore during the quarter ended March 31, 2021, against Rs 3,140 crore a year ...
23 Apr, 2021, 09.27 PM IST
RBI new policy: Shriram Transport Finance meets past years criteria for dividend paymentAccording to Reserve Bank of India's draft guidelines on dividend declaration by NBFCs, net NPA should be less than 6% in each of the last ...
11 Dec, 2020, 06.06 PM IST
Mahindra & Mahindra Financial Services raises Rs 3,089 crThe issue, which opened for subscription on July 28, was subscribed approximately 1.3 times, resulting in a demand generation of over Rs 4,...
12 Aug, 2020, 10.29 PM IST
Mahindra Finance mulls raising ₹ 26k croreNBFC’s stocks post the announcement of the quarterly results, plunged 15% to a two year low.
29 Jul, 2019, 09.18 AM IST
Mahindra Finance plunges 15% on weak Q1 resultsRural financiers Mahindra Finance saw its profits decline by 75 per cent to Rs 68 crores.
24 Jul, 2019, 03.53 PM IST
NBFCs may post over 30% earnings growth in Q1Unlike banks, NBFCs will adopt Ind-AS in the first quarter leading to higher loan loss provisioning requirement and volatile earnings.
16 Jul, 2018, 11.42 AM IST
Accumulate Mahindra Finance, target Rs 515: EmkayAccumulate Mahindra & Mahindra Financial Services Ltd. at a price target of Rs 515.0 .
14 Jun, 2018, 10.15 AM IST
Mahindra Finance Q4 profit jumps 82% YoY to Rs 425 croreAsset under management rose 18% to Rs 55,000 crore.
25 Apr, 2018, 08.17 PM IST
Fresh borrowing will come at a little higher cost than prevailing rate: Ramesh Iyer, M&M Financial"We already are a very diversified fund and we would continue to stay that way"
28 Dec, 2017, 01.17 PM IST
M&M Financial Services raises Rs 1,056 crore to tap rural opportunityWith this issue, the capital adequacy of the company will go up to 15.5% from 12.5%.
02 Dec, 2017, 10.34 AM IST
Nothing very sure-footed on the NBFC front: Manish SonthaliaEntire business model needs to be changed with revival in economic cycle, better NPA situations. Maybe situation would improve.
12 Mar, 2014, 05.01 PM IST
We want to go deeper in India: Ramesh Iyer, M&M Financial ServicesM&M Financial Services plans to design products for rural customers as it prepares to seek a banking licence.
29 Apr, 2013, 11.42 AM IST
- Mahindra Finance expects to enter mutual fund biz by Mar 2011
Mahindra Finance, the financial services arm of auto major Mahindra and Mahindra, today said it expects regulatory approval for entering in...
25 Jul, 2010, 09.45 PM IST
- Kotak Mahindra Bank: Low-cost funds, ample capital to drive growth
Kotak Mahindra Bank posted a robust set of numbers in the quarter to March 2010, marking the fifth straight time that the company has bette...
13 May, 2010, 12.47 AM IST