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Mahindra Finance will not raise interest rates for now

Mahindra Finance will not raise auto finance interest rates for now

Apnaloan.com Research Bureau

23 Apr 2008

Mahindra & Mahindra Financial Services (Mahindra Finance) has said it has no immediate plans to increase interest rates for auto finance unlike ICICI Bank.

As reported by Financial Express, Ramesh Iyer, Managing Director, Mahindra Finance said, we will not go for any hike in interest rates for now as we operate beyond mentors and we have not incurred any additional costs thanks to the recent developments.