Mahindra finance to delay Q4 results due to detected retail vehicle loan financial fraud

Apr 23, 2024

A financial fraud has been detected at the North East branch of Mahindra & Mahindra Financial Services during the end of the fourth quarter...

RBI bars Mahindra Finance from using third-party recovery agents

Sep 22, 2022

Mumbai (Maharashtra) [India], September 22 : The Reserve Bank of India (RBI) on Thursday said it has barred Mahindra & Mahindra Financial Services from...

Mahindra Finance says RBI lifted restrictions on loan recovery via outsourcing

Jan 04, 2023

On September 22, 2022, the RBI directed Mahindra and Mahindra Financial Services Limited to immediately cease carrying out any recovery or repossession activity through...

Mahindra Insurance Brokers and Tata 1mg form strategic partnership for wellness solutions

Jan 27, 2022

Mumbai (Maharashtra)[India], January 27 : Mahindra Insurance Brokers Limited, a subsidiary of Mahindra & Mahindra Financial Services, on Thursday said it has formed a...

M&M Finance tanks 14 per cent as RBI bars it from using third-party recovery agents

Sep 23, 2022

Mumbai (Maharashtra) [India], September 23 : The share price of Mahindra & Mahindra Financial Services Limited crashed by more than 14 per cent on...

Mahindra Finance Q4 PAT down 32 pc at Rs 150 crore

Apr 24, 2021

Mumbai (Maharashtra) [India], Apr 24 : Mahindra & Mahindra Financial Services has reported standalone profit after tax of Rs 150 crore during the quarter...