M&M FINANSER

Mahindra & Mahindra Financial Services Ltd. a non-banking financial company, provides asset finance in the rural and semi-urban areas in India. The company is headquartered in Mumbai, Maharashtra and currently employs 26,329 full-time employees. The company went IPO on 2006-03-17. The firm is engaged in providing asset finance through its branch network. Its segments include Financing activities and Other reconciling items. The Financing activities segment is engaged in Financing and leasing of automobiles, tractors, commercial vehicles, small and medium enterprise, and housing finance. The Other reconciling items segment is engaged in insurance broking, asset management services and trusteeship services. The company is involved in financing new pre-owned auto and utility vehicles, tractors, passenger cars and commercial vehicles. The firm also provide housing finance, personal loans, financing to small and medium enterprises, insurance broking and mutual fund distribution services. Its offerings also include wholesale inventory financing to dealers and retail-financing to customers in the United States. Its customers include transport operators, farmers, and self-employed.