The auto to tractor major is closely watching its services contribution, which now accounts for 30-40 percent of the group’s profitability. With a five-fold growth in the services portfolio and unlocking the full potential in Mahindra Finance and Tech Mahindra, the share of the profits from non-auto and farm businesses would go up over the … Read more
NEW DELHI: Mahindra & Mahindra Financial Services on Tuesday said it has appointed Mahesh Rajaraman as Chief Risk Officer (CRO) of the company with effect from August 1, 2024. In a regulatory filing, Mahindra Finance said Mallika Mittal has tendered her resignation and ceased to be the CRO of the company with effect from May … Read more
MUMBAI: Mahindra & Mahindra Financial Services Limited, (MMFSL), a Non Banking Financial Corporation (NBFC), on Monday announced collaboration with Lendingkart,a fintech company. This co-lending partnership is set to provide business loans for the Small & Medium Enterprise (SME) sector and will boost Mahindra Finance’s product diversification strategy, while fostering financial inclusion for small and medium … Read more