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Mahindra Finance gets nod to raise funds up to Rs 10,000 crore

27 Jul 2018 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval to raise funds by way of Public Issue of Secured and/or Unsecured Non-Convertible Debentures, subject to receipt of necessary approvals, if any, for an amount not exceeding Rs 10,000 crore in one or more tranches. The Board of Directors of the company at their meeting held on July 27, 2018, approved the same.

Mahindra Finance one of India’s leading non-banking finance companies.

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