Business and Finance Business and Finance
Sat, January 4, 2025
[ 03:40 AM ] - MSN
2 Super Growth Stocks to Buy in Bunches in 2025
[ 02:40 AM ] - MSN
Smart investments meet smarter security: 9 habits to guard against cyber risks in 2025
[ 02:00 AM ] - Tuko
Agricultural Finance Corporation Announces 21 Jobs for Credit Officers, Other Positions
[ 12:21 AM ] - MSN
9 Income Streams You Can Build While Still an Employee, According to Codie Sanchez
Fri, January 3, 2025
[ 11:00 PM ] - AOL
Is Quantum Computing Stock a Buy Right Now?
[ 09:00 PM ] - Forbes
7 Passive Income Business Ideas To Build Wealth And Financial Freedom
[ 07:40 PM ] - MSN
Berk's in Providence closing after 50 years in business
[ 07:20 PM ] - MSN
The History Of The Largest Purpose-Built Business Jet: The Bombardier Global 7500
[ 07:20 PM ] - MSN
This chart highlights how businesses and consumers dodged the blow of Fed rate hikes
[ 06:20 PM ] - MSN
Watch CNBC's full interview with Fed Governor Adriana Kugler
[ 06:00 PM ] - BBC
China's overqualified youth taking jobs as drivers, labourers and film extras
[ 05:40 PM ] - MSN
A $24 Billion Fund Puts Its Religious Stamp on Corporate America
[ 05:00 PM ] - MSN
Boeing is taking the required steps to return confidence in business, says former FAA adminstrator
[ 04:20 PM ] - MSN
The Rise and Fall of Yahoo's Dominance
[ 04:00 PM ] - Forbes
Navigating The Tug-Of-War Between Innovation And Regulation In DeFi
[ 03:41 PM ] - MSN
Tijuana business leaders expecting double-digit inflation during 2025
[ 03:41 PM ] - MSN
Robotaxis and energy operations are more importan .. autos business for Tesla moving forward: Analyst
[ 03:41 PM ] - MSN
Market Open: January 3, 2025
[ 03:41 PM ] - MSN
The real reason everything is for sale...
[ 03:40 PM ] - Forbes
Sourcing And Financing High-Quality Receivables In 2025: An Untapped Potential In Private Credit
[ 03:40 PM ] - Reuters
Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path
[ 02:00 PM ] - MSN
Week Ahead for FX, Bonds: U.S. Jobs Data, Fed Minutes in Focus
[ 01:40 PM ] - MSN
Want growth? Just teach India better, keep everyone healthy and yes, drop those EV subsidies
[ 01:40 PM ] - MSN
Meet 'Third Son' Of Dhirubhai Ambani Who Is Also .. ted Advisor Of Mukesh Ambani; Check His Net Worth
[ 12:40 PM ] - MSN
Budget 2025: Tax Reduction Or Rationalisation? Wh .. t Will FM Nirmala Sitharaman Opt for? Expert Take
[ 12:00 PM ] - MSN
NBA Legend Shaq Says He Didn't Even Start Spendin .. cks Until He Had Kids - 'I Had So Much Coming In'
[ 11:40 AM ] - AOL
The Crystal Ball: Envisioning how AI will shape our world in 2025
[ 09:20 AM ] - MSN
From M&A to AI, How CFOs Are Mapping Out the Year Ahead
[ 08:41 AM ] - MSN
Innovation in enterprise solutions: A conversation with Vinay Kumar Gali
[ 08:41 AM ] - cnbctv18
Mahindra Finance Q3 disbursements rise 7%, business assets climb 18%

Mahindra Finance Q3 disbursements rise 7%, business assets climb 18%


Published on 2025-01-03 08:41:09 - cnbctv18
  Print publication without navigation

  • Cumulatively, for the nine months ended December 31, 2024, disbursements reached
  • 42,350 crore, marking a 4% YoY increase. Shares of Mahindra & Mahindra Financial Services Limited ended at
  • 276.45, up by
  • 0.

The article from CNBC TV18 discusses Mahindra & Mahindra Financial Services' performance in the third quarter. The company reported a 7% increase in disbursements, reaching Rs 12,346 crore, and a significant 18% rise in business assets, totaling Rs 82,770 crore. This growth was driven by a 23% increase in disbursements in the tractor and ancillary segment, and a 13% rise in the pre-owned vehicle segment. However, the car and utility vehicle segment saw a slight decrease of 2% in disbursements. The company also noted a 27% year-on-year increase in its collection efficiency, which stood at 95% for the quarter. Despite these positive developments, the stock price of Mahindra Financial Services experienced a decline of over 2% on the day of the report.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/market/stocks/mahindra-financial-services-share-price-q3-disbursements-rise-7-pc-business-assets-climb-18-pc-19534258.htm ]
Contributing Sources