U.S. markets closed

Mahindra & Mahindra Financial Services Limited (M&MFIN.NS)

NSE - NSE Real Time Price. Currency in INR
270.45+0.35 (+0.13%)
As of 10:18AM IST. Market open.

Mahindra & Mahindra Financial Services Limited

Mahindra Towers
‘A’ Wing, 4th Floor Dr. G.M. Bhosale Marg P.K. Kurne Chowk, Worli
Mumbai 400018
91 22 6652 6000

Sector(s)Financial Services
IndustryCredit Services
Full Time Employees26,329

Key Executives

NameTitlePayExercisedYear Born
Mr. Ramesh Ganesh IyerVice Chairman & MD71.6MN/A1958
Mr. Vivek Anant KarveCFO, Compliance Officer & CFO of Group Financial Services SectorN/AN/A1971
Ms. Brijbala Mohanlal BatwalDeputy Senior VP & Company SecretaryN/AN/A1975
Mr. Ruzbeh IraniPresident of Group HR & Communications and Member of the Group Executive BoardN/AN/A1964
Mr. Dinesh PrajapatiHead of Accounts, Treasury & Corporate AffairsN/AN/A1971
Mr. Mohit KapoorExecutive VP & Group Chief Tech OfficerN/AN/AN/A
Mr. Vishal AgarwalDeputy General Manager of Treasury & Investor RelationsN/AN/AN/A
Ms. Farida Desai BalsaraSenior VP & Chief Legal OfficerN/AN/AN/A
Mohan NairHead of CommunicationN/AN/AN/A
Mr. Manish SinhaChief Human Resources OfficerN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.


Mahindra & Mahindra Financial Services Limited, a non-banking financial company, provides asset finance in the rural and semi-urban areas in India. The company offers vehicle financing for auto and utility vehicles, tractors, passenger cars, commercial vehicles and construction equipment, and preowned vehicle to transport operators, farmers, businesses, and self-employed and salaried individuals; bill discounting; personal, home, and three-wheeler loans; and project finance, equipment finance, working capital finance, and vehicle finance services to small and medium-sized enterprises. It also provides housing finance for purchase, construction, extension, and renovation; investments comprising fixed deposits and investment solution, as well as asset management and mutual funds; and life and non-life and commercial insurance, as well as reinsurance products. Mahindra & Mahindra Financial Services Limited was incorporated in 1991 and is headquartered in Mumbai, India. Mahindra & Mahindra Financial Services Limited operates as a subsidiary of Mahindra & Mahindra Limited.

Corporate Governance

Mahindra & Mahindra Financial Services Limited’s ISS Governance QualityScore as of December 1, 2023 is 8. The pillar scores are Audit: 3; Board: 6; Shareholder Rights: 9; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.