Question

    What is the new name of Magma Fincorp?

    A HDB Financial Services Correct Answer Incorrect Answer
    B Fullerton India Credit Company Limited Correct Answer Incorrect Answer
    C Poonawalla Fincorp Limited Correct Answer Incorrect Answer
    D Bajaj Finserv Ltd. Correct Answer Incorrect Answer
    E India Infoline Correct Answer Incorrect Answer

    Solution

    Magma Fincorp Limited, an RBI-registered Non-Banking Finance Company (NBFC), has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawalla-led Rising Sun Holdings Private Limited.

    Practice Next