Mahindra & Mahindra Financial Services (Mahindra Finance) has disbursed around Rs 3740 crore for month of August 2022, delivering 75% Year on Year (Y-o-Y) growth. The YTD disbursement at around Rs 17,150 crore registered a Y-o-Y growth of 104%. This has resulted in Y-o-Y growth of 12% and sequential M-o-M growth of 3% in gross business assets. The collection efficiency (CE) was at 96% for August 2022, against CE of 97% for August 2021.
Mahindra Finance is one of India’s leading non-banking finance companies.
