M&M Financial down 8% as NBFC defers Q4 results amid ‘fraud’ at Northeast branch
Fraud involved forgery of KYC documents, leading to embezzlement of funds in respect of retail vehicle loans disbursed by the company
mm financial services
April 2024
January 2023
M&M Financial Services gains 3% as RBI lifts ban on recovery via third party
The central bank has removed a ban on M&M Financial Services to carry out any recovery or repossession activity through outsourcing arrangements with immediate effect.
