What are the main lines of businesses of Mahindra & Mahindra Financial Services Ltd.?

MMFSL is one of the leading non-banking finance companies (“NBFCs”) with customers primarily in the rural and semi-urban markets of India. We are part of the Mahindra group, which is one of the largest business conglomerates in India. We are primarily engaged in providing financing for new and pre-owned auto and utility vehicles, tractors, cars and commercial vehicles. We also provide housing finance, personal loans, financing to small and medium enterprises, insurance broking and mutual fund distribution services.

Through its subsidiaries and JVs, the company has participated in the insurance broking business, housing finance business, wholesale inventory financing to the dealers and retail-financing to customers in the United States.