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SANJAY CHAMRIA
Aditya Birla MF, Plutus Wealth pick stake in this NBFC stock via block dealAs of March end, the domestic mutual fund held a 1.3% stake in the company.Plutus Wealth Management bought 50,00,000 shares or 0.6% stake f...- CCI approves Rising Sun Holdings’ acquisition of 60% stake in Magma FincorpAccording to a combination notice filed with the regulator, the transaction involves acquisition of 60 per cent stake by Rising Sun Holding...
- Magma Fincorp rises 5% as shareholders approve preferential allotment to Adar Poonawalla-led firmShareholders approved the company's plan to issue preference equity shares to Adar Poonawalla-controlled Rising Sun Holdings and two member...
- Magma Fincorp shareholders approve Rs 3,456 cr share issue to promoters, Poonawalla coMagma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...
- Adar Poonawalla group firm makes open offer to buy additional stake in Magma FincorpEarlier this month, the Poonawalla Group and Magma Fincorp announced that the group will acquire a controlling 60 per cent stake in the com...
- Sold NPAs worth Rs 678 crore in asset-backed, mortgage portfolio: Sanjay Chamria, Magma Fincorp"We have sold all the deep bucket NPAs and now the average age of the NPA in our books is just about eight months," Sanjay Chamria said.
- In my view the NPAs have now peaked: Sanjay Chamria, VC & MD, Magma FincorpIn an interview, Sanjay Chamria, VC & MD, Magma Fincorp, gives his views on the company's performance.
- Bank-NBFC mergers could be a win-win idea for some regions: Sanjay Chamria, Magma Fincorp"I guess the new RBI norms will result in a more liberal interpretation of the space. Banks and NBFCs will now be more open to look at a ho...
- Magma Fincorp Q3 net profit up 25% to Rs 44 croreNon-bank lender Magma Fincorp today reported a 24.86 per cent jump in net profit at Rs 44 crore in the third quarter ended December.
- Magma Q1 net profit rises 38% to Rs 45.4 croreMagma Fincorp reported a 38 % rise in its net profit to Rs 45.4 crore for Q1 ended June 30, 2013, due to higher revenues, growth in loans a...
- Magma Fincorp sees 30 per cent loan growth, NIM improvement in FY14Magma Fincorp today said it hopes to grow its loan book by around 30 per cent in the ongoing financial year.
- Expect to grow disburses by 20% in FY14: Sanjay Chamria, Magma Fincorp"One of the benchmarks that we follow is the collection efficiency."
- Germany's HDI-Gerling pays four times premium for a 26% stake in Magma General InsuranceThe two-way joint venture between HDI and Magma Fincorp will start operation with Rs 208 crore capital while Rs 100 crore is the paid up.
- Magma Fincrop Q1 net up 93 per centMagma Fincorp saw 93% growth in PAT to Rs 33.02 crore in the first quarter of the financial year due to increase in disbursements.
- I always had the passion to set up a business: Sanjay Chamria, Magma FincorpIt is indeed unusual for someone to go ahead with a business plan when some obstacles spring up in the form of tighter regulations.
- Magma Fincorp plans housing finance subsidiaryAsset 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...
- Expect to grow business disbursal by 50%: Sanjay Chamria, Magma FincorpIn an interview with ET Now, Sanjay Chamria, MD, Magma Fincorp Ltd, talks about business disbursements. Excerpts:
- Looking to grow at 50% in terms of a disbursal: Magma FincorpIn an interview with ET Now, Sanjay Chamria, MD, Magma Fincorp Limited, talks about the growth prospect about the company and its financial...
- NBFC Magma Fincorp eyes 25% growth in disbursementsNon-banking financial company (NBFC) Magma Fincorp is targeting disbursements of Rs 5,500 crore in the current fiscal, up 25 per cent from ...
- Magma Q4 net rises 256 pc to Rs 26.45 crMagma Fincorp on Monday said its net profit jumped over three-fold to Rs 26.45 crore in the last quarter of 2009-10.
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