|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 258.6 INR | +0.35% |
|
-8.65% | -6.52% |
| Apr. 23 | INDIA STOCKS-Indian shares rise as global risk sentiment improves | RE |
| Apr. 23 | India's M&M Financial discovers funds embezzlement at one branch, delays Q4 results | RE |
BENGALURU (Reuters) - The Reserve Bank of India on Thursday directed Mahindra and Mahindra Financial Services (MMFSL) to stop using third-party services for loan recovery until further orders, citing "material supervisory concerns".
The shadow lending arm of the Mahindra group can however continue to carry out recovery or repossession activities through its own employees, the RBI said in a statement. (https://bityl.co/Ee60)
MMFSL did not immediately respond to a Reuters request for comment.
(Reporting by Chris Thomas in Bengaluru; Editing by Anil D'Silva)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 2,045 INR | -2.48% | -1.82% | 28.03B | ||
| 150.3 INR | -0.03% | +10.84% | 8.22B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -6.52% | 3.82B | |
| -8.14% | 54.11B | |
| -5.25% | 31.94B | |
| +63.88% | 29.16B | |
| +20.03% | 23.61B | |
| +16.97% | 18.17B | |
| -6.99% | 11.64B | |
| +21.92% | 11.25B | |
| -20.90% | 8.02B | |
| +14.34% | 7.98B |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED 
