Mahindra & Mahindra Financial Services Limited — Credit Ratings, 10-07-2025: Credit Rating- Others

Mahindra & Mahindra Financial Services Ltd. has had its credit ratings reaffirmed at the highest levels by CARE Ratings and India Ratings, with a stable outlook. CARE Ratings assigned CARE AAA ratings across secured and unsecured debt totaling over ₹22,940 Cr, while India Ratings maintained IND AAA ratings on various debt instruments aggregating around ₹62,000 Cr, including bank loans and commercial paper. The reaffirmation reflects the company’s strong financial health, robust liquidity, and prudent risk management. This stable credit profile supports lower borrowing costs and enhances investor confidence, providing the company with solid strategic flexibility in its funding and growth plans.