Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds through allotment of Rupee denominated USD settled Rs 3,500,000,000 7.40 percent secured notes due 2024 aggregating to Rs 350 crore. The Bond Issue Committee of the Board of Directors of the Company at their meeting held on February 13, 2020, has allotted the same.
Mahindra Finance one of India’s leading non-banking finance companies.