Magma NCD
Sector: O-FA - Other Non-Banking Financial Institution (NBFI) • Location: India
Source: International Finance Corporation (IFC)
Magma Fincorp Limited (“Magma” or “the Company”) is one of the top 20 NBFCs in India, with presence in 21 Indian states with total of 280 branches primarily targeting the semi-urban and rural markets. Magma has a portfolio volume of INR 172.2 billion (US$2.8bn) as of December 31, 2013. The Company plans to utilize the funds raised through issuance of NCDs to augment its capital adequacy, continue
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Magma Fincorp Limited (“Magma” or “the Company”) is one of the top 20 NBFCs in India, with presence in 21 Indian states with total of 280 branches primarily targeting the semi-urban and rural markets. Magma has a portfolio volume of INR 172.2 billion (US$2.8bn) as of December 31, 2013. The Company plans to utilize the funds raised through issuance of NCDs to augment its capital adequacy, continue to focus on penetration in low income states, especially targeting customers with lower incomes by financing smaller assets with smaller ticket sizes. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |