Magma Fincorp has bagged the second prize in the CSR Best Practices category at the National HRD Network's Annual HR & CSR Competition 2016. The competition was part of the National HRD Network’s Annual HR and CSR Competition held in Bengaluru recently.
The other players nominated in the category included top names like L&T Infotech, UB Group, BOSCH Ltd, and MindTree Consulting, Brillo Technologies, Bharti Foundation, Himalaya Drug Company.
Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).