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  • Expect 15% growth in disbursements going ahead: M&M Financial

    In an interview to CNBC-TV18, Ramesh Iyer, VC & MD of Mahindra & Mahindra Financial Services spoke about the latest happenings in his company and sector.

  • Will look to pass on the increase in cost of borrowing to consumers: M&M Financial

    Will look to pass on the increase in cost of borrowing to consumers: M&M Financial

    M&M Financial's assets under management (AUM) was at a 6-quarter low but it was not all bleak for the company as it saw strong disbursement growth while asset quality improved.

  • Rural sector should see different picture for rural based NBFCs: M&M Financial

    Rural sector should see different picture for rural based NBFCs: M&M Financial

    An ICRA report projects that delinquency levels in non banking financial companies (NBFCs) are set to rise. To put it short people will default more from the loans that they have taken from NBFCs.

  • Loan growth & customer repayment improved; sentiment in rural market positive: MMFSL

    Loan growth & customer repayment improved; sentiment in rural market positive: MMFSL

    Rural economy data suggests that the unemployment rate is falling with increase in rural wages and farm loan waivers have made more cash available in the hands of farmers. In an interview to CNBC-TV18, Ramesh Iyer, Vice Chairman & Managing Director, Mahindra & Mahindra Financial Services spoke about the latest happenings in his company and sector.

  • Sentiments have turned positive due to expectations of good monsoon: M&M Finance

    Sentiments have turned positive due to expectations of good monsoon: M&M Finance

    In an interview to CNBC-TV18, V Ravi, ED & CFO at M&M Financial Services spoke about the latest happenings in the company as well as sector. Demonetisation effect to a large extent is over and with expectation of a good monsoon the sentiments have turned positive, he said.

  • Cash crunch to hit business for next 1-2 qtrs: M&M Fin

    Cash crunch to hit business for next 1-2 qtrs: M&M Fin

    Speaking to CNBC-TV18 Ramesh Iyer said that the rural segment is going through difficult times due to the cash crunch and expects difficulty in business for the next two quarters.

  • Currency ban to keep NBFCs under pressure for some time: M&M Fin

    Currency ban to keep NBFCs under pressure for some time: M&M Fin

    In conversation with CNBC-TV18, Ramesh Iyer of M&M Finance, says that NBFCs will be under pressure for some more time.

  • Expect growth to pick up in H2FY17 on monsoon: M&M Fin

    Expect growth to pick up in H2FY17 on monsoon: M&M Fin

    A pick-up in M&M Financial's revenue growth is likely to take place in the second half of fiscal year 2017 if monsoon pans out as expected, says CFO V Ravi.

  • Not losing sleep over diesel car ban in NCR: Pawan Goenka

    Not losing sleep over diesel car ban in NCR: Pawan Goenka

    Pawan Goenka, Executive Director, Mahindra & Mahindra said, the company along with co-petitioners Toyota and Mercedes will urge the Supreme Court on Tuesday to reconsider its decision on diesel car ban after carefully running through all the published facts on contribution of automobiles in causing pollution.

  • Need to look at absolute figures of CV pick up: M&M Fin

    Need to look at absolute figures of CV pick up: M&M Fin

    Welcoming the rate cut by HDFC Bank, Ramesh Iyer, MD, Mahindra & Mahindra Financial Services says he hopes others in the system follow the lead that will help companies with sizeable borrowing in their books.

  • New NBFC rules: Unlikely to impact mkt share, says M&M Fin

    New NBFC rules: Unlikely to impact mkt share, says M&M Fin

    Tightening norms for NBFCs, RBI on Monday raised their capital adequacy requirement and net owned fund limit, among others, with an objective to mitigate risks in the sector.

  • See recovery in Q4; no impact on new NBFC norms: M&M Fin

    See recovery in Q4; no impact on new NBFC norms: M&M Fin

    The Reserve Bank of India (RBI) said that rules for restructuring loans by non-banking financial companies will be the same as those of banks.

  • M&M Fin exits HCV market on sales slowdown

    M&M Fin exits HCV market on sales slowdown

    The company‘s current base lending rate is up to 10 percent. Tractor sales have picked up since the last quarter and it expects tractor yields to be better than new car financing.

  • Rural demand for auto loans still high, says M&M Financial

    Rural demand for auto loans still high, says M&M Financial

    Even as auto companies are struggling with falling output and declining demand across the nation, demand for automobile loans still seems to be stronger in the rural areas.

  • More clarity required on RBI's new norms: M&M

    More clarity required on RBI's new norms: M&M

    Bharat Doshi, ED & Group CFO, Mahindra & Mahindra, doubts the Reserve Bank of India‘s (RBI) final guidelines to allow licensing of new private sector banks. He told CNBC-TV18 that more clarity on the transition provisions is required.

  • Post Leapfrog tie-up M&M Insurance value Rs 520cr: Doshi

    Post Leapfrog tie-up M&M Insurance value Rs 520cr: Doshi

    Dr Andrew Kuper, President & Founder of LeapFrog Investments said, the company is very excited to form a strategic alliance with Mahindra and they are looking forward to grow Mahindra Insurance Broking further. Leapfrog will help to bring the best global practices to its Indian business as well, added Kuper.

  • Will maintain marginal rate of 8%: M&M Fin Serv CFO

    Will maintain marginal rate of 8%: M&M Fin Serv CFO

    Ravi, CFO, Mahindra & Mahindra Financial Services, was optimistic about maintaining growth and observed that there was sufficient liquidity in semi-urban and rural India. Ravi also ensured that the company was able to maintain the low NPAs from the start of the year.

  • Have not seen much pressure on demand yet: M&M Financial

    Have not seen much pressure on demand yet: M&M Financial

    In an interview to CNBC-TV18, Ramesh Iyer, Mahindra & Mahindra Financial Services Ltd says, the company has not seen so much of pressure on the demand side yet. “I don’t think we have seen so much of pressure on the demand side yet. The volumes are still there.”

  • Expect 25-30% growth in FY12: M&M Financial Services

    Expect 25-30% growth in FY12: M&M Financial Services

    Ramesh Iyer, Managing Director, Mahindra & Mahindra Financial Services (MMFSL) expects 25-30% growth in FY12. “In the past, we have grown at least 25-30%, I don’t see that a challenge.”

  • Mah Fin eyes NIMs over 9%, growth between 35-40% in FY12

    Mah Fin eyes NIMs over 9%, growth between 35-40% in FY12

    The managing director of Mahindra & Mahindra Financial Services, Ramesh Iyer tells CNBC-TV18 that he sees the net interest margins to come down consistently. “In FY12, expect NIMs at over 9%,” he says.

  • Foresee no major slowdown in operations: M&M Financial

    Foresee no major slowdown in operations: M&M Financial

    V Ravi from Mahindra & Mahindra Financial Services, in an interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal, analysed the impact of the credit policy on non-banking financial companies (NBFCs) and banks.

  • Rural areas to drive 10-12% to balance sheet: M&M Fin Serv

    Rural areas to drive 10-12% to balance sheet: M&M Fin Serv

    According to the industry reports, CV makers are making a big push into the rural and semi urban areas. In an exclusive interview with CNBC-TV18’s Latha Venkatesh and Soniya Shenoy, Ramesh Iyer managing director of Mahindra & Mahindra Financial Services shares his expectations.

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