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...

RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing credit cards

Apr 24, 2024

The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its online and mobile banking channels, and...

Kotak Mahindra Bank share tanks 10% after RBI bars on boarding customers digitally

Apr 25, 2024

The shares of Kotak Mahindra Bank fell around 10 percent after RBI barred the bank for on boarding new online customers, and issuing new...

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...

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...

Maruti Suzuki partners with Mahindra Finance for easy car finance schemes

Jun 09, 2020

New Delhi [India], June 9 : In a bid to shore up sales amid challenging economic environment, Maruti Suzuki has joined hands with Mahindra...