NHB is a Statutory Body under the Government of India.
We are a subsidiary of Mahindra and Mahindra Financial Services Ltd.
MMFSL holds an 98.43% stake in Mahindra Rural Housing Finance Ltd.
Mr. Ramesh Iyer
Mr. Vivek Karve
Mr. Jyotin Mehta
Mr. S. Durgashankar
Mr. Rajnish Agarwal
Mahindra Rural Housing Finance Limited
4th Floor, Mahindra Towers,
Dr. G.M. Bhosale Marg,
P.K. Kurne Chowk, Worli, Mumbai,
Maharashtra – 400 018, India.
Mahindra Rural Housing Finance Limited
2nd Floor, Sadhana House, Behind Mahindra Towers,
570, P.B. Marg, Worli, Mumbai – 400 018, India.
Mr. Dharmesh Vakharia
Chief Financial Officer
Mr. Ramesh Iyer is the Chairman and Managing Director of Mahindra & Mahindra Financial Services Limited (the Holding Company) and is associated with the Company since inception. He comes with a wealth of experience in the matters relating to business development, finance and marketing. Mr. Ramesh Iyer is also a member of the Group Executive Board of Mahindra & Mahindra Limited, the ultimate holding company, and is also on the Board of various Mahindra Group companies. He holds a Bachelor's Degree in Commerce and a Master’s Degree in Business Administration.
Mr. Vivek Karve is a Bachelor of Commerce from University of Mumbai (1991), a Chartered Accountant (1994) and a Cost Accountant (1993). He has more than 25 years of experience in Finance, Banking, and IT across four organizations - Marico, Siemens Information Systems, ICICI and P&G.
Mr. Vivek Karve’s last role as Group CFO of Marico covered Corporate Finance, Secretarial, Internal Audit, Investor Relations, Business Finance and Commercial for Marico Group. He also leads Marico’s M&A initiatives.
Mr. Vivek Karve joined Marico in 2000, as a Manager in Corporate Finance. He took over the charge as CFO of Marico Limited effective 1st April 2014. He made significant contributions in the areas of performance management, investors relations, risk management, governance and controls.
He also played an active role in Marico's Merger and Acquisition efforts through due diligence, deal structuring, funding etc.
Mr. Vivek Karve has recently joined as the Chief Financial Officer of Mahindra & Mahindra Financial Services Limited.
Mr. Vivek Karve has served as a member on FICCI's Corporate Finance Committee. He is currently a member of FICCI’s CFO Conclave.
Mrs. Anjali Raina holds an MBA from the Indian Institute of Management, Calcutta, a Bachelor's degree (Eng. Hons) from Loreto College and is an alumnus of Harvard Business School having completed the Advanced Management Program.
Mr. Jyotin Mehta is a versatile finance and GRC professional with excellent academic credentials. Mr. Jyotin Mehta has held leadership positions in Tata, ICICI and Shell group of companies. He has a rich experience of 35 plus years in the areas of corporate finance, Internal Audit, corporate governance, risk and controls, Company law and legal and regulatory compliance, and customer service.
Dr. Narendra Mairpady is a Certified Associate of the Indian Institute of Bankers and has a Bachelor’s Degree in Commerce. Having 39 years of banking experience, Dr. M. Narendra joined Corporation Bank as an officer trainee in 1975. He took over as Executive Director, Bank of India, on 6th November 2008 and was Chairman and Managing Director of Indian Overseas Bank from 1st November, 2010 till 31st July, 2014.
Mr. S. Durgashankar, a Chartered Accountant, is currently President – Group M&A, Corporate Accounts and Group Secretarial and Member of the Group Executive Board at Mahindra & Mahindra Ltd. (M&M). During his overall work experience of over 3 decades, he has handled a wide spectrum of Corporate Finance assignments at senior levels. Before joining M&M, he headed one of the Strategic Business Units of a Bank and acquired rich experience in project evaluation, lending and corporate restructuring. He has served / serving as nominee Director on the board of various listed/ unlisted companies. He is an Alumni of Harvard Business School where he had attended the Advanced Management Program. He is also a speaker at many fora on varied topics in M&A and Finance. He was the recipient of CFO 100 Awards in 2010, 2013 and 2014 for his contribution to Corporate Finance in the area of M&A. He was also the recipient of CFO India League of Excellence Award in March 2015.
Mr. Rajnish Agarwal is Executive Vice President, Operations of Mahindra & Mahindra Financial Services Limited (MMFSL). He is also part of Financial Services Sector (FSS) Steering Committee. With over 30 years of rich experience, he has managed and led MMFSL to leadership position across diverse business segments like auto loans, asset risk management, rural management, business & product development, relationship and people management.
Mr. Rajnish Agarwal has been instrumental in restructuring the business model of MMFSL through ‘verticalisation’ of various vehicle loan businesses which has led to enhanced customer focus.
Prior to joining MMFSL, he has worked with Apple Industries & Tata Finance Limited. In a stellar career of almost three decades with MMFSL, he has led the Operations Vertical (Vehicle Financing) to a new high with his strategies and inclination towards future readiness. Mr. Rajnish is an alumni of Mumbai University & has pursued multiple leadership programs from IIM Bangalore & IIM Calcutta.
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