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What happened to Magma Fincorp?

What happened to Magma Fincorp?

Non-banking finance company Magma Fincorp Ltd (Magma) on Thursday announced that it has changed its name to Poonawalla Fincorp Limited effective today, 22 July, 2021, following the acquisition of controlling stake by Adar Poonawalla-led Rising Sun Holdings Private Limited.

How do I check my magma loan balance?

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
Magma Fincorp Limited, an 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 Private Limited on May 21 this year.

Who is the CEO of Magma Fincorp?

Vijay Deshwal
Vijay Deshwal has today joined Poonawalla group acquired Magma Fincorp Ltd, as its Group CEO. Vijay Deshwal has today joined Poonawalla group acquired Magma Fincorp Ltd, as its Group CEO. In his new role, he would be responsible for the Lending and Housing Finance business along with its Insurance business.

Is Magma Fincorp a poonawalla?

Non-banking financial company (NBFC) Magma Fincorp Ltd. has been renamed Poonawalla Fincorp Ltd. following the acquisition of controlling stake by the Adar Poonawalla-led Rising Sun Holdings in May. The company had initiated a rebranding exercise, the NBFC said.

Who is the founder of Magma?

Poonawalla Fincorp

Type Public
Traded as BSE: 524000, NSE: MAGMA
Industry Non-banking Financial Company
Founded 1988
Founder Mr. Mayank Poddar and Mr. Sanjay Chamria

How do I find out the details of my car loan?

Honoured Member. Go to the RTO webiste, click on the ‘Vehicle details’ and provide your Vehicle Regn No etc and then you will get full RC details which may also show the Hypothication details, if any.

Who is CEO of Serum Institute?

Adar Poonawalla (2011–)Serum Institute of India / CEO

Who is Vijay Deshwal?

“Vijay Deshwal, Chief Executive Officer (CEO) of the company has decided to take up the strategic role within the Cyrus Poonawalla Group where he will spearhead emerging investment opportunities.

What does 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. We offer a diversified product suite to address the growing financing needs of the retail financing and the enterprises.

Where is the headquarter of Magma Fincorp?

Pune, IndiaPoonawalla Fincorp / Headquarters

Who is Vijay deshwal?

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.

Who manufactured Covaxin?

COVAXIN® – India’s First Indigenous COVID-19 Vaccine. COVAXIN®, India’s indigenous COVID-19 vaccine by Bharat Biotech is developed in collaboration with the Indian Council of Medical Research (ICMR) – National Institute of Virology (NIV).