RBI Bars Mahindra Financial Services, From Loan Recovery Through 3rd Party Agents

Reserve Bank on Thursday barred Mahindra & Mahindra Financial Services Ltd (MMFSL) from carrying out any recovery or repossession activity through third party agents with immediate effect till further orders. The RBI’s decision follows the death of a pregnant woman (27)Reserve Bank on Thursday barred Mahindra & Mahindra Financial Services Ltd (MMFSL) from carrying out any recovery or repossession activity through third party agents with immediate effect till further orders. The RBI’s decision follows the death of a pregnant woman (27)