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Get latest articles and stories on Business at LatestLY. Meghraj Jain, Chairman & Managing Director, Mangal Credit & Fincorp Ltd. was honoured with the Indian Achiever s Award 2023. Indian Achievers Award is a prominent Indian National Award that honours individuals who have given their dedication and effort to serve the country in various domains. The award was presented by Nitin Gadkari, Union Minister of Road Transport and highways on 25th January, Wednesday in recognition of his contribution to India s Rural Banking Services. Business News | Chairman of Mangal Credit & Fincorp Ltd. Awarded with Indian Achiever s Award 2023 by Union Minister Nitin Gadkari.
New Delhi [India], February 2 (ANI/NewsVoir): Meghraj Jain, Chairman & Managing Director, Mangal Credit & Fincorp Ltd. was honoured with the Indian Achiever's Award 2023. Indian Achievers Award is a prominent Indian National Award that honours individuals who have given their dedication and effort to serve the country in various domains. The award was presented by Nitin Gadkari, Union Minister of Road Transport and highways on 25th January, Wednesday in recognition of his contribution to India's Rural Banking Services. For more information about Mangal Credit & Fincorp Ltd, please visit www.mangalfincorp.com/about.aspx. Appreciating the work and contribution of Meghraj Jain, the Union Minister, Gadkari expressed, ''People like Meghraj Jain have a huge contribution in increasing the GDP of India by providing support in India's rural and urban development. Not only this but Meghraj Jain is also known for his charity and working towards the upliftment of th
Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India's fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarter & year ended March 31, 2021, and reported that the Company's quarterly & annual results were filed with the Bombay Stock Exchange on 19th May 2021.
Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21
ANI
20 May 2021, 18:55 GMT+10
Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India s fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarteryear ended March 31, 2021, and reported that the Company s quarterlyannual results were filed with the Bombay Stock Exchange on 19th May 2021.
Despite the pandemic, the company has performed remarkably well in this financial year and witnessed 29 per cent growth in their AUM. The company has also reported revenues from products and services of INR 1,130.50 lacs an increase of approx. 28 per cent compared to Rs. 886.52 lacs in FY 2019-20, for the year ended March 31, 2021. The revenues have been primarily derived from loan against golddiamond jewellery and business loans to SMEsother personal loans.