Worst is over, rural sentiment turns positive: Mahindra Financial sees fewer bad loans, higher return on assets

More cash in the hands of rural Indians along with their willingness to spend spells good news for Mahindra & Mahindra Financial Services Ltd., a non-bank lender for purchasers of tractors and vehicles, by helping it rebound from shrinking profits and increasing bad loans.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2HImWhh