"About 45 per cent of book comes from M&M and rest comes from other OEMs," Ramesh Iyer said.

Difficult for me to put out a number but I can only tell you that with the improved crop and improved yields and good monsoon we do see the...

"Last year on the revenue side there was a 38 crores reversal of securitised portfolio provision which is not there in this quarter."

"Once the rural sentiments pick up, it is not just tractors alone. I think we would see improvement in volumes for all the projects."

"For the rural market, monsoon is a very important factor. The sentiment will turn positive and the agri economy will prosper if the monsoo...

I think there are different pockets which have contributed to the success during this quarter and that has brought down the gross NPL.

"We are an AAA-rated company. Our overall yields are not under pressure; our lending rates are not under pressure. So, we do not see any pr...

When we tracked the customers coming into the dealerships, in April-May the footfalls have been high, but it is taking time for the convers...

In an interview with ET Now, Ramesh Iyer, MD, Mahindra Finance, talks about the rate hike by RBI and shares his business outlook.

In an interview with ET Now, Ramesh Iyer, MD, Mahindra Finance, shares his business outlook on lending rates in near future.

"Looking at the how the monsoons have been and the sowing which happened on time, the yields are expected to be much better."

M&M Financial Services plans to design products for rural customers as it prepares to seek a banking licence.

"We have become a multi-product co. Earlier we focussed on new vehicles but over the last 18 months we have also started focussing on secon...

In an interview with ET Now, Ramesh Iyer, MD, MMFSL, gives his views on their quarterly performance. Excerpts:

In an interview with ET Now, Ramesh Iyer, MD, Mahindra & Mahindra Financial Services, speaks about the business outlook for the company. Ex...

In an interview with ET Now, Ramesh Iyer, MD, Mahindra & Mahindra Financial Services Ltd, gives his views on the company's performance. Exc...

In an interview with ET Now, Ramesh Iyer, MD, M&M Financial Services, talks about the impact of interest rate increases on related business...