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  • Will post decline in H1FY18, but confident of growth in H2FY18: Magma Fincorp

  • Expect improvement in gross NPAs in FY18: Magma Fincorp.

  • Expect 7-10% loan growth next year; collections improving: Magma Fincorp

  • Indiabulls Hsg Fin hopeful of 30% growth in FY17

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

    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, Sanjay Chamria, VC and MD of Magma Fincorp reveals that they do see shrinkage in demand for auto sector loans on a macro-level.

  • 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%."

  • 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.

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