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In May 2021, which of the following has appointed Serum Institute of India's CEO Adar Poonawalla as the Chairman of the company?
  • a)
    Bajaj Finance Limited
  • b)
    Muthoot Finance Ltd
  • c)
    Magma Fincorp Limited
  • d)
    HDB Finance Services
  • e)
    Tata Capital Financial Services Ltd
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
In May 2021, which of the following has appointed Serum Institute of ...
The Mumbai-based non-banking financial company, Magma Fincorp Limited on 31 May 2021 appointed Serum Institute of India's CEO Adar Poonawalla as the Chairman of the company.
  • Magma Fincorp also appointed Abhay Bhutada as the Managing Director.
  • Vijay Deshwal, a seasoned banker with a track record of over two decades, will take charge as CEO at Magma Fincorp from the first week of July 2021.
  • A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956.
  • It is engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by the Government or local authority, or other marketable securities.
  • It does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities), or providing any services and sale/purchase/construction of an immovable property.
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In May 2021, which of the following has appointed Serum Institute of India's CEO Adar Poonawalla as the Chairman of the company?a)Bajaj Finance Limitedb)Muthoot Finance Ltdc)Magma Fincorp Limitedd)HDB Finance Servicese)Tata Capital Financial Services LtdCorrect answer is option 'C'. Can you explain this answer?
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In May 2021, which of the following has appointed Serum Institute of India's CEO Adar Poonawalla as the Chairman of the company?a)Bajaj Finance Limitedb)Muthoot Finance Ltdc)Magma Fincorp Limitedd)HDB Finance Servicese)Tata Capital Financial Services LtdCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about In May 2021, which of the following has appointed Serum Institute of India's CEO Adar Poonawalla as the Chairman of the company?a)Bajaj Finance Limitedb)Muthoot Finance Ltdc)Magma Fincorp Limitedd)HDB Finance Servicese)Tata Capital Financial Services LtdCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In May 2021, which of the following has appointed Serum Institute of India's CEO Adar Poonawalla as the Chairman of the company?a)Bajaj Finance Limitedb)Muthoot Finance Ltdc)Magma Fincorp Limitedd)HDB Finance Servicese)Tata Capital Financial Services LtdCorrect answer is option 'C'. Can you explain this answer?.
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