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Retail lending may revive only after festival season: Mahindra Finance chief

Finance

18 May, 2020

Retail lending may revive only after festival season: Mahindra Finance chief

Over the past few years, Indian lenders—both banks and non-bank financial companies (NBFCs)—have relied heavily on retail lending to drive ......

Mahindra Finance to acquire majority stake in Sri Lankan NBFC

Finance

20 August, 2019

Mahindra Finance to acquire majority stake in Sri Lankan NBFC

Mahindra & Mahindra Financial Services Ltd has agreed to acquire a majority stake in Sri Lankan non-banking financial company Ideal ......

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Finance

21 June, 2019

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & ......

IFC plans $75-mn debt investment in Mahindra & Mahindra Financial

Finance

22 April, 2019

IFC plans $75-mn debt investment in Mahindra & Mahindra Financial

International Finance Corporation plans to make a debt investment of up to $75 million (Rs 525 crore) in non-bank lender ......

XL Group to buy 20% in Mahindra Insurance; LeapFrog to exit

Finance

16 October, 2017

XL Group to buy 20% in Mahindra Insurance; LeapFrog to exit

Multinational insurance firm XL Group will acquire a 20% stake in Mahindra Insurance Brokers Ltd via a transaction that will ......