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About Magma Fincorp

Magma Fincorp Limited (MFL) is a Kolkata based non-banking financial company registered with the Reserve Bank of India as an Asset Finance Company. The company operates 235+ branches across 21 states and a union territory and has a strong presence in rural and semi-rural India. Magma Fincorp Limited (formally known as Magma Leasing Limited) was incorporated in 1988 and commenced operation in 1989.

Highlights

Won a Gold Award at LACP (League of American Communications Professionals), 2015

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26-05-2017, 11:44
RBI Allows Co-operative Banks To Issue Mobile Wallets
The Reserve Bank of India has allowed co-operative banks, who are permitted to install ATMs and issue debit cards, to also issue prepaid payment instruments like mobile wallets. ...
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25-05-2017, 18:12
Bank of Maharashtra Raising Rs 2,000 Cr
Bank of Maharashtra is considering raising up to Rs 2,000 crore via various routes including follow-on public offer and rights issue.
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23-05-2017, 17:12
HDFC Reduced Home Loan Interest Rate 8.35*% Offer Ends On 30-06-2017
HDFC Reduced Home Loans for salaried women borrower interest rate 8.35*% and for others 8.4*% up to 30 lks. The offer will be closed on 30-06-2017.
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23-05-2017, 15:20
Paytm Launched Paytm Payments Bank, Its Aim To Acquire 500 Million Customers In The Next 3 Years
Digital payments firm Paytm launched a niche payments bank today, aiming to acquire 500 million customers in the next 3 years. Paytm runs India biggest electronic wallet and offer ...
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23-05-2017, 15:16
Corporation Bank To Raise Rs 3,500 Cr
Corporation Bank is raising the capital up to Rs 3,500 Cr.
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23-05-2017, 13:00
Corporation Bank To Raise Rs 3,500 Cr
Corporation Bank is raising the capital up to Rs 3,500 Cr.
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