
Mahindra & Mahindra Financial Services Ltd
Past performance
About Mahindra & Mahindra Financial Services Ltd Mahindra & Mahindra Financial Services Limited (MMFSL) is a prominent Non-Banking Finance Company (NBFC) in India, focusing on rural and semi-urban markets. As part of the Mahindra Group, MMFSL provides financing for a variety of vehicles and also offers housing finance, personal loans, and SME financing. Its subsidiaries include Mahindra Insurance Brokers Limited, Mahindra Rural Housing Finance Limited, and Mahindra Asset Management Company, enhancing its financial service offerings. The company has a widespread distribution network with 1,386 offices across India as of March 2023.
MMFSL has expanded its global footprint through ventures like Mahindra Finance USA LLC and a joint venture with Ideal Finance Limited in Sri Lanka. With a focus on digital finance, the company has launched platforms like Quiklyz for car leasing and Used Car Digi Loans. It continues to leverage machine learning and AI to drive business intelligence and strategic initiatives, ensuring its adaptability in an evolving financial landscape.
Performance overview
