Earlier this month, the Poonawalla Group and Magma Fincorp announced that the group will acquire a controlling 60 per cent stake in the com...

An extraordinary general meeting (EOGM) of the members of Magma Fincorp will be held on Tuesday, March 9, 2021.

The preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the comp...

Magma Fincorp plans to raise up to Rs 500 crore by offering coupon at 10.25% to 10.75% for various tenors per annum.

Banks have tightened their lending to NBFCs and investors have become wary on investing in NBFCs.

The company's total income from operations was up at Rs 633.92 crore.

KKR, which was the largest shareholder in Magma with 16% interest, sold 10% to local MFs.

Jaiswal has a 25 year experience in the corporate world and a stint with rating agency CRISIL. He would also be holding the additional char...

Magma 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...

The company will focus on auto loans, housing finance and used vehicle loans (suvidha) to deliver the numbers.

The company's will hold a meeting of the Board of Directors on October 28 to authorise the issue of debt securities for the said capital ra...

Magma Fincorp Limited, an asset finance company, which disbursed Rs 439 crore in Kerala last year, plans to have a moderate growth in retai...

Asset finance company Magma Fincorp Magma Fincorp shares surged 8.19 % on Thursday on BSE, after it doubled its profits in fourth quarter (...

Magma Fincorp today said it hopes to grow its loan book by around 30 per cent in the ongoing financial year.

The non-banking finance co signed definitive agreements to acquire GE Money Housing Finance and the entire home equity loan portfolios of G...

Asset finance company Magma Fincorp plans to enter into the housing finance market which is growing at 17-18% rate. It is also going to sta...

Magma Fincorp, is planning to start its gold finance business in the Ist half of next financial year and doesn't forsee any regulatory hurd...