business

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

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 its loan disbursement by 50% in FY12. He also stated, "This year, we target to keep the net interest margins (NIMs) between 5-5.25%."

first published: Jul 7, 2011 02:47 pm