Mahindra Finance falls as it was discovered that the retail car lending operation was worth Rs 150 crore.

Mahindra & Mahindra Financial Services saw a 5.36% decline to Rs 263.90 following the announcement by the NBFC that a board meeting to discuss quarterly results would be postponed due to the discovery of fraud at one of the company’s North East branches. Mahindra Finance disclosed in a post-midnight regulatory filing that at the end … Continue reading Mahindra Finance falls as it was discovered that the retail car lending operation was worth Rs 150 crore.