 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
The management of Mahindra & Mahindra Financial Services (M&M Finance) and Shriram Transport last week communicated about an improvement in collection and also gave an idea of how loans could be restructured with customers. The process, though, is at a nascent stage.
Analysts at Prabhudas Lilladher indicate that collection efficiencies have rebounded to 80 per cent in September, against 65 per cent last month. Consequently, there is a 15 per cent month-on-month improvement in disbursements as well, though 70 per cent of these disbursements are largely towards existing customers. Fresh loans disbursed could help customers meet intermittent working capital needs crucial
