The credit rating of Mahindra & Mahindra Financial Services has been upgraded by Fitch Ratings India.
The company's national long-term rating instrument and Lower Tier II Subordinated Debt programme was upgraded from ' AA(ind)' to AA+(ind)',with the outlook as 'Stable'.
Mahindra finance is active in the rural banking sector providing finance for the widest range of agricultural tractors and cars, utility services.
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