Expect festive season to lead a spur in demand says: Ramesh Iyer, VC & MD, Mahindra Finance

In July 2021, Mahindra Finance had a disbursement of approximately Rs 2400 crore with a collection efficiency of 95%. The efficiency improved to 97% last month August 2021, buoyed by the opening of the economy and improved mobility. The company witnessed a reduction in the NPA contracts during August as customer cash flows improved.

from Banking/Finance-Industry-Economic Times https://ift.tt/2XKmRaX