Ramesh Iyer

Mahindra Finance names Raul Rebello as MD and CEO-designate

Raul Rebello will take charge in full capacity when Ramesh Iyer retires next year.

Mahindra Finance plans credit-card business entry; eyes double-digit business growth in FY23, says MD

The plan comes on the heels of RBI’s directive that NBFCs can offer credit cards if they receive regulatory permission and have a certificate of registration.

Exclusive Interview | M&M Finance expects disbursements to grow 40-45% in FY23, bad loans to fall to 6-7%, says MD Ramesh Iyer

M&M Finance is keen to look at gold loans as a key business vertical.

Worst over, next six months will be better: M&M Financial’s Ramesh Iyer

Iyer said the company has not restructured any accounts in September or October and that regular accounts with zero or single EMI are asking for extra time.

M&M Financial rules out waiver for tractor loans; bets on cars for growth

SBI recently announced one time settlement for tractor loans but M&M Financial chief Ramesh Iyer says that they will not follow suit as such schemes depends on customer to customer. However, he said that such settlements protect the resale price of the tractor and avoids customers to sell the tractors in the market for a lesser price.

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

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

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

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

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.

Mahindra AMC gets Sebi nod to enter MF business

Mahindra AMC, a wholly-owned subsidiary of Mahindra and Mahindra Financial Services (MMFS), got the regulator's nod on February 4

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.

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).

Union Budget 2015: FM proposes to do away with distinction between FPIs & FDI

In the Modi government‘s first Budget in July, the government had said it will promote foreign direct investment (FDI) selectively in sectors and raise the composite cap of foreign investment to 49 percent with full Indian management and control through FIPB route.

Budget 2015-16: Lift cap of 49% FDI in Indian security industry: Topsgrup

Budget 2015 should take various measures to give boost to Indian security industry. These measures include increase in FDI in security industry, improve working conditions of the workforce and achieve 100% statutory compliance.

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

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.

Bangalore ATM attack aftermath: Life gets harder for guards

Severe shortage of trained security guards has left banks with no option but to shut down several ATMs even in the central business district.

Could see 25 bps hike in long-term funds: M&M Financial

M&M Financial does not see a dip in its margins so far, but going forward, it may not be able to increase its rate to consumer and is likely to seek support from the manufacturers and dealers, says Ramesh Iyer.

Lending rate hike likely; NPLs to dip in H2FY14: M&M Fin

In an interview to CNBC-TV18, Ramesh Iyer, Managing Director of M&M Financial Services speaks about the impact of Reserve Bank of India's (RBI) tightening measures on rupee which has also impacted the wholesale rates.

Overall loan volumes high despite low auto demand: M&M Fin

In an interview with CNBC-TV18, Ramesh Iyer, MD of M&M Financial Services said that though, the growth rate is slightly lower taking into account the market situation, overall volumes for the company is still quite high.

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.”