Adar Poonawalla of Serum Institute of India speaks about his group’s NBFC interest, the rationale of the Magma Fincorp acquisition, RBI’s discussion paper for the segment and much more.
The company, which was renamed from Magma Fincorp Ltd. after Poonawalla acquired it in 2021, is also considering further acquisitions, he noted. "However, in the short and medium term, we intend ...
Poonawalla Fincorp, which rebranded from Magma Fincorp in July 2021 after being acquired by Adar Poonawalla’s Rising Sun Holdings, remains a major player in the non-banking financial sector.
Poonawalla Fincorp Limited (Formerly known Magma Fincorp Limited) is a publicly held non-banking finance company along with its subsidiaries and joint ventures engaged in providing asset finance ...
Aim to grow disbursement this year by 20 percent, which in turn will result in growth of asset under management (AUM) by 5 percent, said Kailash Behati, CFO, Magma Fincorp. Brickwork assigns 'AA ...