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Magma Fincorp to enter into arrangement for issuance of co-branded credit cards

02 Jul 2021 Evaluate

Magma Fincorp has planned to enter into an arrangement for issuance of co-branded credit cards. The company also announced the joining of Sanjay Miranka as its Group Chief Financial Officer (Group CFO) with immediate effect.

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).

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