Feb 26, 2018 03:20 PM IST
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.
- Jan 25, 2018 11:55 AM IST
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.
- Sep 28, 2017 03:00 PM IST
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.
- Aug 31, 2017 11:25 AM IST
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.
- Jul 11, 2017 03:30 PM IST
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.
- Dec 13, 2016 10:21 AM IST
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.
- Nov 15, 2016 10:21 AM IST
In conversation with CNBC-TV18, Ramesh Iyer of M&M Finance, says that NBFCs will be under pressure for some more time.
- Jun 08, 2016 11:24 AM IST
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.
- Jan 04, 2016 09:27 PM IST
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.
- Sep 01, 2015 10:00 AM IST
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.
- Nov 11, 2014 01:26 PM IST
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.
- Jan 24, 2014 10:42 AM IST
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.
- Dec 20, 2013 03:54 PM IST
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.
- Mar 14, 2013 06:31 PM IST
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.
- Feb 22, 2013 09:15 PM IST
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.
- Sep 21, 2012 01:13 PM IST
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.
- Mar 12, 2012 04:00 PM IST
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.
- Dec 16, 2011 03:20 PM IST
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.”
- Jun 29, 2011 12:44 PM IST
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.”
- Jun 07, 2011 01:41 PM IST
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.
- May 04, 2011 03:04 PM IST
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.
- Mar 30, 2011 12:41 PM IST
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.