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DHRUBASHISH BHATTACHARYA
Co-lending rises over fourfold in FY23; assets cross Rs 25,000 croreCo-lending amounts more than quadrupled in just about a year with banks declaring such portfolios of more than Rs 25,000 crore in FY23, wit...
Healthcare's booming & banks are going all out to finance itWhile Axis Bank has formed a separate team to focus exclusively on this segment, Bank of Baroda (BoB) has brought in a co-lending partner t...
Magma Fincorp Limited to expand its operations in South IndiaMagma recorded Rs 168 crore disbursements in Kerala in the second quarter of FY 17. The company has 12 branches across the state and two mo...
Magma Fincorp targeting 20% growth in KeralaThe company will focus on auto loans, housing finance and used vehicle loans (suvidha) to deliver the numbers.
Magma Fincorp projects 30% growth in tractor businessTo a query on fund raising plans, he said the board has cleared the proposal to raise about Rs 500 crore at its meeting held recently.
Magma Fincorp plans to romp up disbursement in Andhra PradeshNon-banking finance company Magma Fincorp plans to romp up disbursements by another 21 per cent in retail loans in FY 13 in the state.
- Magma Fincorp aims to disburse over 40% on retail loan in FY '13
Asset finance company Magma Fincorp aims to disburse over 40 per cent on its retail loan portfolio in Tamil Nadu during this financial year...
- Magma Fincorp to open 29 new branches, eyes 50% growth in disbursements
Magma Fincorp Limited plans to open 29 new branches in the country and is looking at 50 per cent growth in loan disbursement target.
- Magma Finance to target 50 per cent growth in FY 12
Magma Fincorp Limited plans to disburse over Rs 650 crores in Andhra Pradesh in FY 11 and also to romp up disbursements by another 50% in r...