Mahindra & Mahindra Financial Services (Mahindra Finance) has disbursed approximately Rs 2,733 crore for month of February 2022, delivering a 44% Year on Year (Y-o-Y) growth. The YTD disbursement at approximately Rs 23,632 crore, registered a Y-o-Y growth of 42%. The collection efficiency (CE) was at 98% for February 2022, same as February 2021. The positive trend in collections led to on a month-on-month improvement in Asset Quality. During February, the Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over 3 months.
Mahindra Finance is one of India’s leading non-banking finance companies.
