Who is the owner of Magma Fincorp?
Rising Sun Holdings Pvt LtdPoonawalla Fincorp / Parent organization
How do I check my Magma Fincorp loan status?
Call toll-free number – 1800 3002 3202 or email at [email protected] to know Magma Finance car loan status.
What is the new name of Magma Fincorp Limited?
Poonawalla Fincorp Limited
Pune (Maharashtra) [India], July 23 (ANI/BusinessWire India): Magma Fincorp Limited, a RBI-registered non-banking finance company (NBFC) has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawalla led Rising Sun Holdings …
What is the business of Magma Fincorp?
Magma Fincorp Ltd is a publicly held non-banking finance company along with its subsidiaries and joint ventures engaged in providing asset finance housing business through its pan India branch network.
Which company acquired a controlling stake in Magma Fincorp which is now renamed as Poonawalla Fincorp?
Rising Sun Holdings
Magma Fincorp has been renamed as Poonawalla Fincorp with effect from July 22 after Adar Poonawalla-led Rising Sun Holdings acquired a controlling stake in the non-banking finance company (NBFC).
What is Poonawalla Fincorp do?
Poonawalla Fincorp Limited, known earlier as Magma Fincorp Limited is a Poonawalla group non-banking finance company that focuses on consumer and MSME financing. Poonawalla Fincorp offers a diversified product suite to address the growing financing needs of retail financing and enterprises.
Is Adar Poonawalla company share price?
Mcap Full (Cr.)…Poonawalla Fincorp Ltd.
| Previous Close | 259.35 |
|---|---|
| Open | 261.00 |
| High | 267.00 |
| Low | 254.80 |
| VWAP | 260.10 |
Who is the chairman of poonawalla fincorp?
Mr. Adar Poonawalla
Mr. Adar Poonawalla is chairman of Poonawalla Fincorp and also the CEO of Serum Institute of India.
What is future of Poonawalla Fincorp?
The company expects net NPAs to settle below 1.5 per cent by March 2022 from 1.8 per cent in December 2021. Net NPAs were at 4.5 per cent in December 2020 and 2 per cent in September 2021. In the current financial year, the Pune-based finance company has seen makeover at the board level as well as in senior management.
Who is owner of poonawalla finance?
(Chairman) Adar Poonawalla is chairman of Poonawalla Fincorp and also the CEO of Serum Institute of India. An innovator to the core, Mr. Adar Poonawalla has been dedicated to developing affordable children’s vaccines and providing the same across the globe.
Who is Abhay bhutada?
Managing Director, Poonawalla Fincorp Ltd.