Epic Research

Friday, November 7, 2014

Epic Research Update : Magma Fincorp


Magma Fincorp Update by Epic ResearchMagma Fincorp has received an approval to exit the line of business comprising of the Gold Loans originated by the company which involves the grant of terms loans to individuals and/or small businesses (whether constituted as a company, a partnership firm, a sole proprietorship or otherwise) against the security of gold (Gold Loans). The board of directors at their meeting held on November 06, 2014 has approved for the same.

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