Page 2 - Mahindra & Mahindra Financial Services
Mahindra Financial Services Q1 profit before tax up 98% to Rs 208 crore
The net profit rose by 129% to Rs 156 crore in Q1FY21 as against Rs 68 crore in Q1FY20
 "Mahindra Financial Services Q1 profit before tax up 98% to Rs 208 crore")
Financials in focus; Bajaj Finance, M&M Financial, Bandhan Bank up over 5%
MAS Financial, Ujjivan Financial, HUDCO, Cholamandalam Investment, Aditya Birla Money, Geojit Financial, AU SFB, and CreditAccess Grameen were up in the range of 5 per cent to 9 per cent on the BSE.
 "Financials in focus; Bajaj Finance, M&M Financial, Bandhan Bank up over 5%")
Financials tank as fiscal package disappoints markets; Nifty Bank slips 5%
Nifty Bank, Nifty Private Bank and Nifty PSU Bank indices were down 5 per cent each as compared to 2.4 per cent decline in the Nifty 50 index.
 "Financials tank as fiscal package disappoints markets; Nifty Bank slips 5%")
Rescheduling installments may be better than a moratorium: Ramesh Iyer
"We have made Covid-19-related provisioning in the March quarter. We believe that even by May-end things will open up slowly and normalisation could take another 60 - 90 days," Iyer said
 "Rescheduling installments may be better than a moratorium: Ramesh Iyer")
Sitharaman gives liquidity boost of Rs 75,000 cr to shadow banks, MFIs
Sitharaman announced a special liquidity scheme of Rs 30,000 crore for NBFCs, housing finance companies (HFCs) and MFIs, which are finding it difficult to raise money from the debt markets.
 "Sitharaman gives liquidity boost of Rs 75,000 cr to shadow banks, MFIs")
IFC to invest $200 mn in Mahindra Finance to fund MSMEs in poor states
At least $100 million will be earmarked for women-owned micro, small and medium enterprises
 "IFC to invest $200 mn in Mahindra Finance to fund MSMEs in poor states")
Village tractors to end struggle for Mahindra & Mahindra Financial Services
Government policy, including buying farm products at higher-than-market prices along with a bigger budget aimed at boosting the rural economy, is already benefiting Mahindra Financial
 "Village tractors to end struggle for Mahindra & Mahindra Financial Services")
M&M Financial rallies 10% post Q1 results
The stock hit high of Rs 401 is trading close to its record high of Rs 405 touched on October 2016.
 "M&M Financial rallies 10% post Q1 results")
Mahindra Fin Services aims to raise up to Rs 24,500 crores via NCDs
WIth more than 16,000 employees in over 1,000 branches across India it is one of the leading NBFCs
M&M Financial shares jump 7% post March quarter profit
The company recommended a dividend of Rs 4 per equity share to the shareholders for the FY16.
M&M Financial Services hits 52-week high on good Q4 results
The stock rallied 7% to Rs 295 on the NSE in early morning trade.
 "M&M Financial Services hits 52-week high on good Q4 results")
