MoneyWorks4Me

ICICI Bank, Magma Fincorp enter into Co-origination arrangement

18 Sep 2019 Evaluate

Magma Fincorp has entered into Co-origination arrangement with ICICI Bank for Asset backed finance business i.e., loans for Car, Commercial Vehicles and Construction Equipment, both new and used.

ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1332.55
Axis Bank 1231.55
Kotak Mahindra Bank 430.10
Indusind Bank 898.95
View more..