Jul 17, 2014 at 15:24 | Source: CNBC-TV18
Sachin Khandelwal, CEO, Magma Housing Finance is confident of 80 percent of their companys loans to now qualify under the non-metro category.
Jul 16, 2014 at 09:52 | Source: Moneycontrol.com
Kotak Securities feels that interest rates will move lower to 9.25 percent for ticket sizes of upto Rs 50 lakh and cost of funding for developers will also come down. "It is a huge encouragement for the housing sector. It will help more money come into the system," says Keki Mistry, HDFC, CEO.
Jul 08, 2014 at 12:37 | Source: Moneycontrol.com
Magma Fincorp Ltd has informed BSE that the 34th Annual General Meeting (AGM) of the Company will be held on July 31, 2014.
Jul 03, 2014 at 15:32 | Source: CNBC-TV18
V Lakshmi Narasimhan, CFO of Magma Fincorp expects a disbursal growth of 10-11 percent a bulk of which is likely to come from mortgage, tractor, SME, MUV and the personal car segment.
Jul 01, 2014 at 14:31 | Source: Moneycontrol.com
IIFL is bullish on Magma Fincorp and has recommended buy rating on the stock with a target of Rs 198 in its June 27, 2014 research report.
Jun 28, 2014 at 17:14 | Source: PTI
IFC was holding talks with Magma Fincorp and Cholamandalam for subscribing to NCDs of these NBFCs, he said. "Microfinance institutions (MFIs) will also get benefit of this," Agarwal said.
Jun 25, 2014 at 10:36 | Source: Moneycontrol.com
The Reserve Bank of India has permitted NBFCs to act as business correspondents (BCs) of banks. SKS Microfinance, Muthoot Finance, Manappuram Finance and Magma Fincorp shot up as much as 4-8 percent in early trade.
Jun 25, 2014 at 09:41 | Source: CNBC-TV18
There will be no impact on deposit taking NBFCs like Shriram Transport and M&M Finance, Santosh Singh, Espirito Santo said.
Jun 24, 2014 at 14:50 | Source: CNBC-TV18
Pramod Gubbi, Director (Institutional Sales) at Ambit Capital prefers LIC Housing Finance and Magma Fincorp.
Jun 24, 2014 at 12:09 | Source: CNBC-TV18
On sectors, funds are rotating from defensives to cyclicals and valuation gap between cyclicals and defensives has narrowed, Pramod Gubbi, Director (Institutional Sales), Ambit Capital said.