Projected growth rate at 20-25 per cent in FY14: Magma Fincorp
Sanjay Chamria, vice chairman and managing director of Magma Fincorp, says that the RBI rate cut will benefit Magma Fincorp. Also, he projects a growth rate of 20-25 per cent in the coming fiscal year. Yields are likely to improve on the loan mix, he adds.
