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)

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