BUSINESS ETHICS

PRESENTATION

GROUP - 9
GROUP MEMBERS

Name Roll No Programme

Rahul Burad AU1611162 BBA
Nikesh Agarwal AU1711265 BBA
Aakash Joshi AU1711222 BBA
Shivam Gadhavi AU1712181 B.COM
Dhaval Agarwal AU1713054 iMBA
Vishwas Dudeja AU1713033 iMBA
Ved Patel AU1711256 BBA
Dhruv Khamar AU1712195 BBA
INTRODUCTION
Company: Mahindra Finance
Subsidiary of Mahindra and Mahindra Ltd.
CEO – Ramesh Iyer
Incorporated on 1st Jan 1991
Deals majorly in Heavy Motor financing like Tractors, Trucks
and other utility vehicles.
Registered as NBFC with RBI on 1998.
Revenue in 2018 – 7199 crores
Net Profit in 2018 – 892 crores
20000 Employees
COMPANY TIMELINE
1. Incorporated on 1st Jan 1991 by two brother JC Mahindra
and KC Mahindra
2. Certificate of commencement on 19th Feb 1991
3. In the year 1995 they opened first branch outside Mumbai
at Jaipur
4. On September 4, 1998 they registered as a NBFC with RBI
act 1934
4. In the year 1999 they stared retail tractor financing in semi
and urban area under pivot project
5. In the year 2002 they started financing non- vehicle
CSR INITIATIVES
Year 2017-18 2016-17 2015-16

Actual CSR 27.16 Cr 30.47 Cr 29.05 Cr

Prescribed CSR 27.07 Cr 30.42 Cr 29.03 Cr

Mahindra Finance is maintaining at

healthy rate 2.12% CSR on its Net Profit
cumulative of 3 years, which is more than
the prescribed rate of 2%

Source: Mahindra & Mahindra Financial Services Annual Report 2017-2018

CSR INITIATIVES

•KC • Blood • Village • Mission

ENVIRONMENT
EDUCATION

SOCIETY
HEALTH
Mahindra Donation Electrification Hariyali
Education camps Project • Renovation
Trust, • eye camps, • Diesel of Municipal
• Mahindra • surgical generator Gardens
academy camps (DG) set • Providing
• Nanhi Kali, • health donation food and
• Mahindra checkups, • Cancer shelter
Pride HIV/AIDS detection during
Schools awareness, camp natural
• Aanganwaad vaccinations • Ambulance calamities
i School • dental camps Donation
Adoption Camp
Sr. Activity Undertaken in Amount In % Location Served Partnership
no 2017-18 Spend
in Lakhs

1 Ambulance Donation 97.34 3.6 Pan India – 26 cities 32 NGOs and Health
Trust
2 Jeevandan 4.04 0.15 Pan India – more than Self Implemented
50 cities
3 Sehat 439.01 16.5 Metro Cities 9 NGOs

4 Swachh Bharat 4.58 0.17 Rural Cities Self Implemented

5 Gyandeep 74.46 2.8 Maharashtra KC Mahindra

Educational Trust
6 Hunnar 286.29 10.8 Pan India – 16 cities Sarthak Educational
Trust
7 Mahindra Finance 375.00 14.2 Pan India KC Mahindra
Scholarship Educational Trust
8 Mahindra Pride School 875.00 32.9 Pune, Chennai, Patna KC Mahindra
Educational Trust

9 Nahni Kali 344.98 12.9 Mumbai, Nashik, Moga, United Way of

Ratlam, Varanasi. Mumbai
10 Samantar 25.34 0.95 Pan India – 17 cities 7 NGOs, Self
Implemented
11 Hariyali 128.228 4.83 Pan India – Rural areas Nandi Foundation

TOTAL 2715.79 100

RESULTS OF THE CSR
INITIATIVES

AWARDS

• Indian Development Foundation CSR Award

• Equal Opportunity Employer Award
• Listed in Dow Jones Sustainability Index for 5 years
in a row
• Inclusion in “Sustainability Yearbook 2018” by
RobecoSAM – only Indian Financial Company
ETHICAL PRACTICES

• Ensuring health and safety

• Awareness on ill-effects of Drugs and alcohol
• Equal employment opportunity and respecting diversity
and human rights
• Welfare for employees
• Welfare for society
POLICY FOR
STAKEHOLDERS/CUSTOMER

1. Corporate Ombudsman

1. Whistle blowing policy

CORPORATE GOVERNANCE

Four pillars of Corporate Governance

• Accountability
• Fairness
• Transparency
• Independence
RULES &
REGULATIONS
Mahindra and Mahindra follow 2 rules to improve its internal
management
1. Code of Conduct
(Case: Dhiraj , A finance manager received a gift from a
vendor on occasion of wedding)

2. Corporate Governance Cell

(Case: Bharat, one of the colleagues arrives at work under the
influence of alcohol)
CASE ANALYSIS
ETHICAL DILEMMA

MAHINDRA vs. BALWINDER

CONCLUSION

 Mahindra Finance is maintaining CSR rate.

 CSR main sector.
 Other than main sector.
 Try to protect national heritage,art and culture.
REFERENCES
Mahindra Rise. (2019). Mahindra Rise. https://www.mahindra.com/.
Mahindra & Mahindra Ltd. (2019). Ethics and Governance.
https://www.mahindra.com/riseforgood/ethics-and-governance.
(n.d.). Retrieved from https://www.peoplematters.in/article/culture/safekeeper-of-ethics-3139
(n.d.). Retrieved from https://www.mahindra.com/
(n.d.). Retrieved from https://www.business-standard.com/company/m-m-fin-serv-
16795/information/company-history
(n.d.). Retrieved from https://www.peoplematters.in/article/culture/safekeeper-of-ethics- 3139
(n.d.). Retrieved from https://www.mahindra.com/riseforgood/ethics-and-governance
(n.d.). Retrieved from https://www.business-standard.com/company/m-m-fin-serv-
16795/information/company-history
(n.d.). Retrieved from
https://www.techmahindra.com/sites/ResourceCenter/brochures/investors/corporategovernen
ce/Code-Of-Ethical-Business-Conduct.pdf
(n.d.). Retrieved from https://www.mahindra.com/resources/pdf/about-us/Code-of-Conduct.pdf