This Case is aboutÂ STRATEGIC PLANNING
PUBLICATION DATE: December 15, 2014 PRODUCT #: W14606-HCB-ENG
Mahindra and Mahindra Financial services Limited is usually a non-banking finance company situated in India whose product portfolio comprises vehicle loan, vehicle financing, personal loans, fixed deposits, house financing, mutual fund distribution, insurance broking, gold loans and loans for the construction equipment.Catering to the rural destitute across India, the organization has,approximately 6,600 workers hired locally to serve local needs.Mahindra and Mahindra Finance Services Limited Empowering Rural Customers in India Case Solution
It bridges the difference between moneylenders, who charge exorbitant interest, and public sector banks that need security. In 2013, whoever owns a transportation company who requests a loan to purchase two more trucks to enlarge her business of moving goods for small-scale pharmaceutical companyâ€™s approaches the supervisor of the Bijnor division? Given that a rival bank has rejected the prospective borrower, should the loan to her be sanctioned? Rajeev Kumra is associate with Indian Institute of Management – Lucknow.