Mahindra & Mahindra Financial Services' disbursals are picking up month on month (MoM) but remain down year on year (YoY), said Ramesh Iyer, VC & MD of the company. The company has gone slow on financing non-M&M tractors, said Iyer.
According to Iyer, rural market has seen demand for all products, therefore, overall demand has remained positive. However, heavy commercial vehicles are not doing well, he said.
For more, watch the video