The non-banking finance company has recorded a 15 percent year-on-year growth in disbursements at Rs 4,400 crore for August. On a monthly basis, disbursements were flat.
With an eye on the approaching Indian Lok Sabha elections in 2024, Motilal Oswal anticipates a favorable growth trajectory for Mahindra Finance, consistent with the historical trend of stronger assets under management (AUM) growth during pre-election fiscal years