IFC invests Rs 640 crore in Mahindra FinanceMahindra Finance will use the funds to extend loans to individuals, including farmers, along with financing small and medium enterprises.
03 Jul, 2018, 05.48 PM IST
M&M to hike stake in financial services arm, invest Rs 1,055 croreThe company has agreed to subscribe 2.5 crore equity shares of Rs 2 each of MMFSL at a premium of Rs 420 per share on a preferential basis,...
29 Nov, 2017, 10.23 PM IST
IFC to invest $125m in Mahindra Group CosThe investments are aimed at improving access to finance for the underserved farmers and agro-related small enterprises in rural and semi-u...
16 May, 2017, 11.46 AM IST
IFC to invest $125 million in Mahindra Group companies"Providing asset finance to agro related small & micro business will enable them expand their operations and create more employment opportu...
15 May, 2017, 05.32 PM IST
Fourth quarter will bring back some of the lost cash flows of third quarter: Ramesh Iyer, VC & MD, MMFSLDifficult 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...
25 Jan, 2017, 01.34 PM IST
Pre-owned vehicles will be our growth segment: Ramesh Iyer, MD, MMFSL"As a financial, we are just an enabler. I mean more people will have to sell more vehicle for us to be able to finance more of them."
25 Apr, 2016, 02.55 PM IST
Mahindra Rural Housing Finance to raise Rs 1,900 crore via bondsMahindra Rural Housing Finance Limited (MRHFL), a subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL) provide home loans...
15 Apr, 2016, 08.43 PM IST
Delay in cash flows in Q3 improved in Q4: Ramesh Iyer, MMFSLI think there are different pockets which have contributed to the success during this quarter and that has brought down the gross NPL.
24 Apr, 2015, 01.45 PM IST
Expect reduced borrowing costs to aid MMFSL’s margins: Ramesh Iyer, MD"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...
28 Jan, 2015, 03.34 PM IST
RBI giving banking licences to support financial inclusion: Santosh Singh, Espirito Santo" If you look at L&T Finance where we are not buyers of the stock given the current valuations, for MMFSL specifically valuations may look ...
21 Jun, 2013, 03.54 PM IST
- Mahindra's rural housing to raise Rs 200 crore
The rural housing finance arm of the Mahindra Group is planning to raise around Rs 200 crore, MMFSL Managing Director Ramesh Iyer said toda...
14 May, 2013, 10.14 PM IST
- Our top line has grown by 44% this quarter: Ramesh Iyer, MMFSL
In an interview with ET Now, Ramesh Iyer, MD, MMFSL, gives his views on their quarterly performance. Excerpts:
22 Oct, 2012, 02.37 PM IST
- Mahindra Fin to stay on fast track
At current price of Rs 406, the company is trading At A P/E multiple Of 11.
23 Apr, 2010, 01.03 AM IST
- Mahindra Financial Services to hike lending rates by 0.5 pc
Mahindra & Mahindra group's non- banking finance firm is planning to increase lending rates by 0.50 per cent within next one month followin...
17 Aug, 2008, 01.47 PM IST
- NHB to pick up12.5% stake in Mahindra Rural
National Housing Bank (NHB) has decided to acquire a 12.5% stake in Mahindra Rural Housing Finance, a wholly-owned subsidiary of Mahindra &...
13 Aug, 2008, 12.27 AM IST
- NHB to acquire 12.5 pc stake in Mahindra Rural Housing Finance
The National Housing Bank (NHB) will be acquiring a 12.5 per cent stake in Mahindra group company, Mahindra Rural Housing Finance Ltd (Mahi...
12 Aug, 2008, 06.55 PM IST
- NHB to acquire 12.5 pc stake in Mahindra Rural Housing Finance
National Housing Bank will be acquiring a 12.5 pc stake in Mahindra group company, Mahindra Rural Housing Finance Ltd (Mahindra Home Financ...
12 Aug, 2008, 06.48 PM IST