Kolkata headquartered Magma Fincorp ltd plans to ramp up is retail loan disbursement exercise by 32 per cent during Financial Year 14 in Chhattisgarh.
The company disbursed retail loans worth Rs 319 crore last year in Chhattisgarh, vice president, Magma Fincorp ltd Dhrubashish Bhattacharya informed in a Press conference here on Thursday. He said that the company currently has nine branch offices in Chhattisgarh and employs 300 people in the State.
The company last year had also launched gold loans in select markets, Suryakant Mishra, AVP (Corporate Communications) said.