 "Mahindra Finance")
Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) has entered into a joint venture with Ideal Finance Ltd., a fully owned subsidiary of the leading Sri Lankan conglomerate, Ideal Group. Mahindra Finance will invest LKR 2 billion ((Rs 80.49 crore) until March 2021 for up to 58.2% stake in Ideal Finance.
The joint venture will capitalise on Mahindra Finance’s 25-year expertise in the financial services domain and Ideal Finance’s domestic market knowledge to build a leading financial services business in Sri Lanka.
Mahindra Finance, India’s leading NBFC focused on rural and semi-urban markets, has been looking at expanding
The joint venture will capitalise on Mahindra Finance’s 25-year expertise in the financial services domain and Ideal Finance’s domestic market knowledge to build a leading financial services business in Sri Lanka.
Mahindra Finance, India’s leading NBFC focused on rural and semi-urban markets, has been looking at expanding
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