Thursday, September 23, 2021

Expect festive season to lead a spur in demand says: Ramesh Iyer, VC & MD, Mahindra Finance

In July 2021, Mahindra Finance had a disbursement of approximately Rs 2400 crore with a collection efficiency of 95%. The efficiency improved to 97% last month August 2021, buoyed by the opening of the economy and improved mobility. The company witnessed a reduction in the NPA contracts during August as customer cash flows improved.

source https://economictimes.indiatimes.com/industry/banking/finance/expect-festive-season-to-lead-a-spur-in-demand-says-ramesh-iyer-vc-md-mahindra-finance/articleshow/86451788.cms

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