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  • Optimistic on NBFCs like M&M Financial and Cholamandalam, says HDFC Securities

    On the stocks front, Seth said that he would buy IndusInd Bank at current levels because of the strong management

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

    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.

  • See growth returning back to rural market: M&M Financial

    See growth returning back to rural market: M&M Financial

    Mahindra & Mahindra Financial Services posted a good set of Q2 results. In an interview to CNBC-TV18, Ramesh Iyer, VC & MD of Mahindra & Mahindra Financial Services spoke about the results and his outlook for the company.

  • 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.

  • Expect improvement in gross NPA going ahead, says M&M Financial

    Expect improvement in gross NPA going ahead, says M&M Financial

    In an interview to CNBC-TV18, Ramesh Iyer, VC & MD of Mahindra & Mahindra Financial Services spoke about the results and his outlook for the company.

  • 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.

  • Expect growth from all segments in FY18: M&M Fin Services

    Expect growth from all segments in FY18: M&M Fin Services

  • See growth in pre-owned vehicle segment, steady margins: M&M Fin

    See growth in pre-owned vehicle segment, steady margins: M&M Fin

    Accelerated growth will come from car and pre-owned vehicle segments, says Ramesh Iyer, Vice-Chairman and Managing Director, M&M Financial Services.

  • Car segment to power growth going forward: M&M Financial

    Car segment to power growth going forward: M&M Financial

    Speaking to CNBC-TV18, Ramesh Iyer, VC and MD of M&M Financial said that going forward the company's growth will come from the car segment and the retention of market share will remain as priority.

  • 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 good festive demand to drive growth: MMFSL

    Expect good festive demand to drive growth: MMFSL

    In an interview to CNBC-TV18, Ramesh Iyer, Vice Chairman & MD, M&M Financial Services spoke about the results and his outlook for the company.

  • Good monsoon, festive season likely to boost sentiment: M&M Fin

    Good monsoon, festive season likely to boost sentiment: M&M Fin

    The company reported a subdued quarter with 2.25 percent fall in its net profit to Rs 87 crore and reduced its provisions to 30.5 percent to Rs 224.5 crore in Q1. Asset quality quarter-on-quarter deteriorated to 36.9 percent at Rs 4,414.7 crore.

  • 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.

  • Focus is on improving rural reach; see normal monsoon: M&M Fin

    Focus is on improving rural reach; see normal monsoon: M&M Fin

    The company has identified high-pressure states and created separate customer buckets to improve its stressed asset situation, says Ramesh Iyer, MD, M&M Financial Services.

  • 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.

  • Asset quality pressure to continue, not worsen: M&M Fin

    Asset quality pressure to continue, not worsen: M&M Fin

    Ramesh Iyer, MD of M&M Financial says that sales have been better during the festive season than in first two quarters of FY16.

  • Bad rains impacted Q2 nos; optimistic about Q3, Q4: M&M Fin

    Bad rains impacted Q2 nos; optimistic about Q3, Q4: M&M Fin

    Ramesh Iyer, MD, Mahindra & Mahindra Financial Services, says the company has zero restructured loans.

  • 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.

  • Bounce back expected in post-Aug festival period: M&M Fin

    Bounce back expected in post-Aug festival period: M&M Fin

    In an interview with CNBC-TV18, Ramesh Iyer, Managing Director of M&M Financial Services said recovery in growth and NPAs is expected in festival season from September onwards.

  • Profit growth due to lower NPLs, better recoveries: M&M Fin

    Profit growth due to lower NPLs, better recoveries: M&M Fin

    Ramesh Iyer, MD, M&M Financial Services in an interview to CNBC-TV18 said better recovery management resulted in lower non performing loans (NPLs).

  • Working cap constraints in semi-urban, rural mkts: M&M Fin

    Working cap constraints in semi-urban, rural mkts: M&M Fin

    Iyer said the company was trying to ensure that credit losses did not exceed 2 percent

  • 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.

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