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Mahindra Finance

Mahindra Finance to expand into mortgage business; stock hits new 52-week high

Mahindra Finance to expand into mortgage business; stock hits new...

Mon, Sep 16, 2024

M&M Finance shares are in focus in Monday's session (September 16) as the NBFC company will expand into mortgage business. As part of the expansion plans.

TATA AIG partners with Mahindra Finance to expand insurance offerings

TATA AIG partners with Mahindra Finance to expand insurance offer...

Fri, Jul 19, 2024

Partnership to offer wide range of general insurance products like health, accidental, motor, and other non-life insurance solutions to Mahindra Finance customers

Industry needs to boost capital investments to capitalise on growth opportunities: Anand Mahindra

Industry needs to boost capital investments to capitalise on grow...

Wed, Jul 03, 2024

Addressing shareholders in the company's annual report for 2023-24, the leading industrialist noted that the interplay of geopolitics and economic linkages in the post-COVID era has seen India's position strengthen.

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Mahindra Finance gets IRDAI nod to sell insurance products as corporate agent

Mahindra Finance gets IRDAI nod to sell insurance products as cor...

Wed, May 22, 2024

The registration shall be valid from May 21, 2024 to May 20, 2027, Mahindra Finance said in a regulatory filing.

M&M Finance Uncovers Rs 150 Crore Fraud, Delays Q4 Results Announcement

M&M Finance Uncovers Rs 150 Crore Fraud, Delays Q4 Results An...

Tue, Apr 23, 2024

Mahindra and Mahindra Financial Services Ltd exposes a significant fraud scheme involving forged KYC documents at one of its North East branches, leading to the postponement of financial meetings. Investigations are underway, with corrective measures being taken and arrests made.

Mahindra Finance Q3 results: Net profit declines 12% to Rs 553 crore

Mahindra Finance Q3 results: Net profit declines 12% to Rs 553 cr...

Tue, Jan 30, 2024

On a consolidated basis, the company's net income declined 6 per cent to Rs 623 crore from Rs 664 crore and the total income rose 23 per cent to Rs 4,137 crore. Last year, the write-back provision was higher, and given the improving asset quality, there wasn't much benefit this time.

What to Expect from M&M Financial Services Results?

What to Expect from M&M Financial Services Results?

Tue, Jan 30, 2024

How will be the results of M&M Fin? Mahindra Finance: How much growth is possible in interest income, profits? What will be the asset quality going forward? Know in this video

M&M Finance: A Brokerage Overview and Recommendations

M&M Finance: A Brokerage Overview and Recommendations

Tue, Dec 05, 2023

November business update of M&M Finance, disbursement of M&M Finance increased by 16%, decline in collection efficiency, what is the opinion of brokerages on M&M Finance? Watch the full news in this video

NPA Reduction Masterplan By 2025: Insights from Ramesh Iyer, MD & VC, Mahindra Finance

NPA Reduction Masterplan By 2025: Insights from Ramesh Iyer, MD...

Thu, Sep 21, 2023

Target to reduce NPA by 2025, plan to take it below 4%... Company's eye on General Insurance business... Eye on new products and growth companies for acquisition: Ramesh Iyer, MD & VC, M&M Finance ( Mahindra Finance

M&M Financial soars to nearly three-year high — what's driving the stock

M&M Financial soars to nearly three-year high — what's d...

Mon, Feb 06, 2023

The M&M Financial Services stock jumped to its highest level since March 2020 in intraday trade, coming within Rs 40 of its all-time high touched in May 2018.

Mahindra Finance share falls over 2% after hitting 52-week high today; Here’s why – Brokerage mixed

Mahindra Finance share falls over 2% after hitting 52-week high t...

Tue, Jan 03, 2023

M&M Financial Services shares on Jan 3, hit fresh 52-week high of Rs 247 on NSE and Rs 247.05 on BSE on the back of heathy disbursement numbers in December.

M&M Financial Services shares hit new 52-week high on healthy November disbursement; Sharekhan sees 12% upside

M&M Financial Services shares hit new 52-week high on healthy...

Mon, Dec 05, 2022

Mahindra Finance, M&M Financial Services, Mahindra Group: The buying sentiment in M&M Financial shares can mainly be attributed to healthy a disbursement in November and the year-to-date period - in an otherwise weak market.

Corporate Radar: Mahindra Finance, Vice Chairman & Managing Director, Ramesh Iyer In Talk With Zee Business

Corporate Radar: Mahindra Finance, Vice Chairman & Managing D...

Fri, Nov 25, 2022

Mahindra Finance: How much improvement in asset quality is possible? What is the growth outlook ahead? What are the plans regarding capacity expansion? Watch Neha Anand's exclusive interview with Mahindra Finance VC & MD, Ramesh Iyer.

Only buyers in Mahindra Finance stocks post in-line Q2 results; brokerages mixed

Only buyers in Mahindra Finance stocks post in-line Q2 results; b...

Thu, Nov 03, 2022

Mahindra Finance Share Price: Total company's income increased 3 per cent to Rs 3,029 crore during the quarter under review against Rs 2,951 crore during the corresponding quarter last year, the company said in an exchange release.

Mahindra Finance In Strong Boom: Shares Ran Up As Asset Quality Improved

Mahindra Finance In Strong Boom: Shares Ran Up As Asset Quality I...

Tue, Oct 04, 2022

M&M Finance shares jumped strongly as asset quality improved. Know full details from Varun Dubey.

Corporate Radar: Mahindra Finance, MD & VC, Ramesh Iyer In Conversation With Zee Business

Corporate Radar: Mahindra Finance, MD & VC, Ramesh Iyer In C...

Tue, Jun 14, 2022

The problem in the supply of pre-owned vehicles increased the demand. Preparing to enter credit card segment: Ramesh Iyer, MD & VC, M&M Finance. Watch Swati Khandelwal exclusive conversation with the management of Mahindra Finance.

Mahindra Finance launches lease-based vehicle subscription business for urban centres

Mahindra Finance launches lease-based vehicle subscription busine...

Wed, Nov 17, 2021

Mahindra & Mahindra Financial Services (Mahindra Finance) on Wednesday announced the launch of lease-based vehicle subscription business for the urban centres, eyeing a business of Rs 10,000 crore in the next 3-5 years.

Mahindra Finance forays into vehicle leasing, subscription business

Mahindra Finance forays into vehicle leasing, subscription busine...

Thu, Sep 16, 2021

Mahindra & Mahindra Financial Services Limited, a part of the Mahindra Group, on Thursday announced its entry in the vehicle leasing and subscription business to tap emerging opportunities in this space.

We are raising capital with growth orientation; Attractive Prices have been kept to thank our shareholders: Ramesh Iyer, Mahindra Finance

We are raising capital with growth orientation; Attractive Prices...

Tue, Jul 21, 2020

Ramesh Iyer, Vice Chairman and Managing Director of Mahindra & Mahindra Financial Services Limited (MMFSL), talks about the rights issue and its price.

Government should provide reschedulement facility to Finance Companies: Ramesh Iyer, MD & VC, Mahindra Finance

Government should provide reschedulement facility to Finance Comp...

Tue, May 19, 2020

So, there is a need to understand the problem and provide a solution to them, if any, like more time because they have also invested at least 25% money in the vehicle and it is not so that the vehicle was bought only on loan. So, those who have a 25% contribution and have paid the EMIs for one-two months have already contributed around 40-50% in the product.

Manulife picks 49pc stake in Mahindra AMC for Rs 265 cr

Manulife picks 49pc stake in Mahindra AMC for Rs 265 cr

Wed, Apr 29, 2020

Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) on Wednesday said global financial services group Manulife has acquired 49 pct stake in its wholly-owned subsidiary Mahindra Asset Management Company

This Mahindra Finance-backed P2P lending company gets new office in Chennai, ready to employ 10

This Mahindra Finance-backed P2P lending company gets new office...

Mon, May 13, 2019

RupeeCircle, the Mahindra Finance backed P2P Lending company, announced the opening of its new office in Chennai, Tamil Nadu.

Mahindra Finance net profit jumps 87% to Rs 588 cr in Q4FY19

Mahindra Finance net profit jumps 87% to Rs 588 cr in Q4FY19

Wed, Apr 24, 2019

Mahindra Finance on Wednesday reported an 87 per cent rise in net profit to Rs 588 crore for the fourth quarter ended March 2019.

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