RBI Directed Mahindra & Mahindra Financial Services To Cease Recovery Through Outsourcing Arrangements
29 Sep 2022 00:12 AM IST
The Reserve Bank of India (RBI) issued a press release on 22.09.2022., wherein directing Mahindra & Mahindra Financial Services Ltd. (MMFSL), Mumbai, to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders of the court. Therefore, the MMFSL may continue to carry out recovery