Magma Fincorp renamed as Poonawalla Fincorp Limited

Magma Fincorp renamed as Poonawalla Fincorp Limited

Magma Fincorp, an Indian non-banking finance company (NBFC), owned by Adar Poonawalla-controlled Rising Sun Holdings, has changed its name to Poonawalla Fincorp Limited. The company said that it has started rebranding activity following the name change. It can be recalled that Rising Sun Holdings had acquired a controlling stake in the company earlier this year. […]