Mahindra & Mahindra Financial Services Limited, a non-banking financial company, provides asset finance in the rural and semi-urban areas in India. The company offers vehicle financing for auto and utility vehicles, tractors, cars, commercial vehicles and construction equipment, and preowned and other vehicles to transport operators, farmers, small businesses, and self-employed and salaried individuals; personal loans for wedding, children education, and medical emergency; and project finance, equipment finance, working capital finance, vehicle finance, and bill discounting services to small and medium-sized enterprises. It also provides housing finance for purchase, construction, extension, and renovation of property; mutual fund schemes; investments comprising fixed deposits and mutual fund distribution, as well as advisory services; and life and non-life insurance, as well as reinsurance products. Mahindra & Mahindra Financial Services Limited was incorporated in 1991 and is headquartered in Mumbai, India. Mahindra & Mahindra Financial Services Limited is a subsidiary of Mahindra & Mahindra Limited.

History

Mahindra & Mahindra Financial Services Limited was incorporated in 1991 and was originally established as a finance division of the Mahindra group. In the year 1999, the company became an independent NBFC when it was transformed into a non-banking finance company. Over the years, the company has grown to become one of the largest NBFCs in India, with a broad range of offerings in agriculture, vehicle, equipment, housing, working capital and personal loans. The company has played an important role in the development of rural infrastructure and has a significant presence across rural India.

Mission

Mahindra Finance’s mission is to enable and empower every Indian to have access to financial services and products that enable an enriched quality of life.

Vision

Mahindra Finance’s vision is to be a one-stop shop for all financial services, products and solutions for their customers and to be the preferred partner for all customers.

Key Team

Ms. Brijbala Mohanlal Batwal (Company Sec.)

Mr. Raul Rebello (Chief Operating Officer)

Mr. Dinesh Prajapati (Head of Accounts, Treasury & Corp. Affairs)

Mr. Mohit Kapoor (Head of Technology)

Mr. Ruzbeh Irani (Pres of Group HR & Communications and Member of the Group Exec. Board)

Mr. Rajesh Vasudevan (VP of Accounts)

Mr. Atul Joshi (Chief of HR & Admin)

Recognition and Awards

Mahindra Finance has been the recipient of various awards including the 'Most Preferred Non-Banking Finance Company Awards' from the Times of India and Businessworld, 'Best NBFC - 2018' from Business Today and 'Best Company for CSR & Sustainable Development - 2019' from ABP News.

References

https://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Financial_Services_Limited

https://in.investing.com/equities/mahindra---mahindra-financials

https://finance.yahoo.com/quote/M%26MFIN.NS/profile?p=M%26MFIN.NS

https://www.crunchbase.com/organization/mahindra-finance

https://www.mahindrafinance.com

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Leadership team

Mr. Ramesh Ganesh Iyer (Vice Chairman & MD)

Mr. Vivek Anant Karve (CFO, Compliance Officer & CFO of Group Financial Services Sector)

Mr. Amit Raje (COO of Digital Fin. Bus. at Digital Bus. Unit)

Products/ Services

Finance, Financial Services, FinTech

Number of Employees

1,000 - 20,000

Headquarters

Mumbai, Maharashtra, India

Established

1991

Net Income

100M - 500M

Revenue

500M - 1B

Traded as

BOM:532720

Social Media

URL

https://www.mahindrafinance.com

Last updated: Tue Feb 18 2025

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Mahindra finance

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