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Mahindra Finance disburses Rs 3,750 crore in June
Jul-04-2022

Mahindra & Mahindra Financial Services (Mahindra Finance) has disbursed approximately Rs 3,750 crore for month of June 2022, delivering a 115% Year on Year (Y-o-Y) growth and a 27% sequential month on month (M-o-M) growth. The YTD disbursement at approximately Rs 9,450 crore registered a Y-o-Y growth of 145%.

As on June 30, 2022, the Company estimates the gross business assets at Rs 67,500 crore, a Y-o-Y growth of 6%. The collection efficiency (CE) was at 96% for June 2022 in comparison to a CE of 90% for June 2021 which was recovering post 2 months of Covid related lockdowns.

Mahindra Finance is one of India’s leading non-banking finance companies.

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