Magma Fincorp has appointed Adar Poonawalla as its chairman as part of a management overhaul following the Poonawala-controlled Rising Sun Holdings acquiring a controlling stake in it. Rising Sun invested Rs 3,456 crore in the non-bank lender earlier this month. Magma will soon be rebranded as Poonawalla Group company. The lender has also appointed Abhay Bhutada as MD & Vijay Deshwal as CEO.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
Canadian writer, Anne Carson who won several awards in her lifetime, has been chosen as…
India Mobile Congress (IMC) 2026 was inaugurated by Prime Minister Narendra Modi at Yashobhoomi, New…
Badminton champion Pramod Bhagat and table tennis sensation Bhavina Patel have been chosen as the…
The recent WWF Living Planet Report (LPR) 2026 highlights the continuing degradation of global biodiversity…
In Andhra Pradesh, India has initiated its first pilot project for building houses for rural…
India's Defence Minister, Mr. Rajnath Singh, has commissioned the first of its kind indigenous Fleet…