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Magma Fincorp
BSE: 524000|NSE: MAGMA|ISIN: INE511C01022|SECTOR: Finance - Leasing & Hire Purchase
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Business News on Magma Fincorp
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Magma Fincorp likely to get insurance licence next year

8.00 pm | 28 Dec 2011 |  Source: PTI

The Kolkata-based retail finance player Magma Fincorp is hopeful of getting general insurance licence in the first half of the next year. ...

Demand dim for auto loans, but will grow 50%: Magma Fincorp 

1.24 pm | 24 Aug 2011 |  Source: CNBC-TV18

The rate sensitive auto sector has been one of the most battered down in the near-crisis situation of the financial market. Speaking to CNBC-TV18, San...

Magma eyeing 50% growth in disbursements this fiscal 

3.25 pm | 05 Aug 2011 |  Source: PTI

Aiming at a 50% growth, Magma Fincorp today said it plans to romp up disbursements around Rs 8,000 crore nationally this financial year, of which abou...

Magma Fincorp aims to grow loan disbursement by 50% in FY12 

2.47 pm | 07 Jul 2011 |  Source: CNBC-TV18

V Lakshmi Narasimhan, CFO of Magma Fincorp, in an interview with CNBC-TV18’s Sonia Shenoy and Latha Venkatesh, said that the company intends to grow i...

Magma to lend Rs 10,000 cr in FY12 

7.00 pm | 05 Jul 2011 |  Source: PTI

Non-banking finance company Magma Fincorp Limited today said it aims to lend Rs 10,000 crore in current fiscal, up 50% from what it advanced last fisc...

NBFC shares tank on expected RBI provision norms 

3.50 pm | 08 Jun 2011 |  Source: Moneycontrol.com

Shares of non-banking finance companies (NBFCs) fell 1-4% on on Wednesday on concern that the Reserve Bank of India (RBI) may hike risk weights or pro...

Magma Fincorp rakes in Rs 439cr via PE for expansion plans 

4.05 pm | 23 May 2011 |  Source: Moneycontrol.com

Magma Fincorp raised Rs 439 crore via equities from US-based private equity, Kohlberg Kravis Roberts & Company (Rs 236 crore) and International Financ...

Magma Fincorp to consider dividend 

6.52 pm | 05 Apr 2011 |  Source: Moneycontrol.com

Magma Fincorp has its Board of Directors meeting on April 18, 2011 to consider dividend....

Is higher cost of money proving irksome for Magma Fincorp? 

2.41 pm | 04 Apr 2011 |  Source: CNBC-TV18

While there are no signs of the boom ending in the auto loan space, questions are arising as to when the higher cost of lending will start to play cat...

Govt seems to be firm on pursuing further reforms: Magma  

7.05 pm | 28 Feb 2011 |  Source: Moneycontrol.com

The Government seems to be firm on pursuing further reforms and the intention is articulated by the Finance Minister in his budget speech seeking to i...

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