Poonawalla Fincorp Ltd. has entered the gold loan market, aiming to broaden its secured lending options. This new product offers quick, tra...

The company, which saw a top management rejig earlier this year including appointment of new MD and CEO Arvind Kapil who took charge in Jun...

As you know we operate at 102 branches, but maximum we are gaining market share there and going forward whatever guidance we have given 35%...

Arvind Kapil is currently the group head mortgage banking business at the bank which includes home loans, loans against property (LAP) and ...

A preliminary examination by Sebi revealed that Magma had made an announcement on February 10, 2021 on stock exchanges regarding the acquis...

The net profit in the first quarter of FY24 is the highest ever for Poonawalla Fincorp. In April-June, quarterly disbursements more than do...

The Board of Poonawalla Fincorp has recommended a dividend of Rs 2 per share (100% of face value) for FY23, subject to shareholders’ approv...

Bank of Maharashtra's net profit more than doubled year-on-year to Rs 840 crore in the fourth quarter as against Rs 355 crore in the same p...

“Poonawalla Fincorp is a very strong NBFC, the management is very aggressive and they are nowadays focussing on retail where there is very ...

India's capital-markets regulator has barred Abhijit Pawar, nephew of Nationalist Congress Party chief Sharad Pawar, from dealing in securi...

Earlier, Sebi barred Bhutada and seven other entities from the securities market for insider trading. The regulator also ordered impounding...

Abhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him...

The regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.

SEBI’s investigation found that Bhutada had shared information about Adar Poonawalla’s proposed takeover of Magma Fincorp in his capacity a...

Magma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...

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

There is a huge growth potential in financial space over the next decade if not longer in India.