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Is higher cost of money proving irksome for Magma Fincorp?

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 catch up. Sanjay Chamria, VC & MD of Magma Fincorp Ltd in an interview on CNBC-TV18 said the cost of borrowings has been going up right from August-September onwards.

first published: Apr 4, 2011 02:41 pm

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