M&M Fin to increase due diligence for onboarding: CEO
Rebello said that the company has started centralising operations in the last six months to overcome the challenges of decentralised operations - how it was structured historically.
Mumbai: Mahindra & Mahindra Financial Services (M&M Finance) will increase around customer and bring all branches under as it puts in place to ensure the fraud reported in its is not repeated, CEO Raul Rebello told analysts in a conference call.The changes include changing the to one headed by a branch executive who will also be in charge of risk and appointing a to oversee , Rebello said, explaining the changes the company has made to ensure that the fraud unearthed in the company's Aizwal branch is not repeated.
Rebello said that the company has started centralising operations in the last six months to overcome the challenges of decentralised operations - how it was structured historically.
Source: Stocks-Markets-Economic Times
