Fincorp

The company will issue preferential shares at 88 rupees each to Zend Mauritius VC Investment and International Finance Corp. On the Bombay Stock Exchange, Magma Fincorp shares were up 8.7% at 75.40 rupees in late afternoon trading.

Magma Fincorp to Allot Preferential Shares Bijou George of Dow Jones Newswires 2011

MUMBAI --Magma Fincorp Ltd. will raise 4.4 billion rupees by selling a 27.5% stake in the non-banking finance company to two global investors.

Magma Fincorp to Allot Preferential Shares Bijou George of Dow Jones Newswires 2011

Financial companies including Mahindra and Mahindra Financial Services, Muthoot Fincorp. and Dewan Housing Finance Corp. have either set up units dedicated to small home loans or are scaling up their business to cater to these clients.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

KOLKATA -- The Todi family, co-promoters of Kolkata-based non-banking finance company Magma Fincorp Ltd., announced that it had sold its 5.62% stake to the other promoters of the firm -- Mayank Poddar, Sanjay Chamria and their associates.

Todi Family Sells 5.6% Stake in Magma Manish Basu of Mint 2011

Kerala-based gold loan financier Muthoot Fincorp has set up a unit called Muthoot Housing Finance to cater to small home-loan borrowers.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

Kerala-based gold loan financier Muthoot Fincorp has set up a unit called Muthoot Housing Finance to cater to small home-loan borrowers.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

Munish Dayal of Baring said retail asset-backed nonbanking financial companies such Magma Fincorp Ltd., ShriramTransport Finance Co. Ltd., and Manappuram General Finance and Leasing Ltd. are more financially inclusive, catering to a population that doesn't have access to banks.

Private-Equity Firms Eye Nonbanking Financial Companies Sneha Shah 2011

Financial companies including Mahindra and Mahindra Financial Services, Muthoot Fincorp. and Dewan Housing Finance Corp. have either set up units dedicated to small home loans or are scaling up their business to cater to these clients.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

Four Oaks Fincorp (OTCBB: FOFN), parent company of Four Oaks Bank, with net loss of $2.1 million for 2009, the bank reported after markets closed Thursday.

Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal 2010

Four Oaks Fincorp (OTCBB: FOFN), parent company of Four Oaks Bank, with net loss of $2.1 million for 2009, the bank reported after markets closed Thursday.

Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal 2010