Mahindra Finance Reports 110% YoY In September With CE 98%

Mahindra Finance announced a growth of 110%, despite macro tailwinds in September 2022. As per sources, This translates to a Y-o-Y growth of 82% in Q2 FY23 and 106% for H1 FY23. The first half is estimated to clock a disbursement of approximately Rs. 21,300 crores, said Mahindra Finance in an official statement. The collection efficiency also increased to 98% from the previous 96%.