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Mahindra Finance to grow small-ticket loan book to Rs 25,000cr

Mahindra Finance to grow small-ticket loan book to Rs 25,000cr

Thursday, February 20, 2020, 6:01 PM

MMFSL intends to build a small-ticket loan book of Rs 20,000-25,000 crore over the next three years, the Financial Express reported. Mahindra Group's financial services arm issued 60,000 small-ticket loans worth around Rs 500 crore over the past year, the report said. The NBFC provides loans with a ticket size of Rs 40,000-50,000 to existing customers who have paid their instalments regularly for 12-months.
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