Achievements - Mahindra Finance

Expanded footprint by adding 150 new branches across the country

Launched Quiklyz - A vehicle leasing and subscription business

Ranked 54th in India's Best Companies to Work for 2021 by Great Place To Work Institute

Joint Venture with Manulife Investment Management (Singapore) for Mutual Fund business

Ranked 25th in India’s Best Companies to work by The Economic Times & Great Place to Work

Ranked 6th in the list of Best Large Workplaces in Asia by Great Place to Work® Institute

Joint Venture with Ideal Finance Ltd. for providing financial services in Sri Lanka

Celebrated 25 years of Mahindra Finance

Recognised as the 8^th Great Place to Work by Economic Times

Won the Marketing Award for the Best Customer Engagement Activity by ABP News – BFSI Awards

Appraised and rated at People CMM^® Maturity Level 5

Listed on Dow Jones Sustainability Index (DJSI) for the fifth year in a row

Included in the Sustainability Yearbook 2018 by RobecoSAM

Honoured with the Indian Development Foundation (IDF) CSR Award

Adjudged as the runner-up in the Business World HR Excellence Award for Excellence in Learning and Development

Conferred with the Equal Opportunity Employer Award during the 4th National Conference on Disability by Sarthak Educational Trust

Received the prestigious ET Best BFSI Brands 2018 Award

Ranked 14th in India’s Best Places to Work For - The Economic Times

Recognised among Top 19 in Aon Best Employer

Ranked 49th in India’s Best Companies to Work for by The Great Place to Work Institute and Economic Times

Recognised by Working Mother and AVTAR 100 Best Companies for Women in India

Ranked 68th among 791 employers surveyed in India

Ranked 5th in Financial Services sector in India

Ranked 3rd in Workplace Transformation case study

On 30th September, 2015, Mahindra and Mahindra Financial Services Ltd. was successfully appraised and rated at Maturity Level 3 of the People Capability Maturity Model^® (People-CMM^®). People CMM^® is a framework for organizational change through streamlined people management. At maturity Level 3 of the People CMM^®, MMFSL has implemented robust HR processes and aligned itself to a competency framework.

India Ratings and Brickworks Ratings upgraded company's long term debt rating to "AAA" CARE Ratings also assigned "AAA" rating to company's long term debt

MIBL declared 'Broker of the Year' at 18th Asia Insurance Industry Awards

Mahindra Finance wins ABP Award for Most Admired Company in Financial Service Sector

We crossed the benchmark of financing more than 4 million customers through more than 1200 branches

Customer base crosses 2.5M

Cumulative asset finance crosses Rs. 100,000 Cr.

MIBL’s strategic partnership with LeapFrog to design and deliver insurance solutions

Customer base crosses 2M

AUM Crosses Rs.20,000 Cr.

Branch network crosses 600 Mark

Total asset crosses the Rs. 100 billion benchmark

Maiden QIP Issue

Joint Venture with Rabobank subsidiary for tractor financing in USA

Consolidated the product portfolio by introducing Small and Medium Enterprises (SME) financing

Introduction of finance for Commercial Vehicles and Construction Equipments

NHB provides 12.5% equity participation for our subsidiary, MRHFL

We enter the home loan business through our subsidiary, Mahindra Rural Housing Finance Limited (MRHFL)

Mahindra Finance was issued certificate by the RBI under section 45-IA of the Reserve Bank of India Act, 1934 classifying it as an ‘Asset Finance Company – Deposit Taking’

Issued our IPO

Collaboration with Maruti Udyog Limited

Mahindra Insurance Brokers Ltd. becomes our wholly-owned subsidiary

Listing of non-convertible debentures on BSE on the wholesale debt market segment

We get into financing of non-M&M vehicles

International Finance Corporation grants us Tier II debt

A decade of good work results in our total assets crossing the 10 billion mark

We introduce tractor retail financing in rural and semi-urban areas

We start financing M&M dealers for purchase of tractors

With an aim to expand our business, we establish our first branch outside Mumbai, at Jaipur.

We commence financing of M&M Utility Vehicles

Name changed to Mahindra & Mahindra Financial Services Limited

Incorporated as Maxi Motors Financial Services Limited

Received certificate of commencement of business