Margo Finance Share Price

Margo Finance Limited was formerly incorporated in 1991 in the name of Indocount Finance Limited. Name of the Company was changed to from Indocount Finance Limited to Margo Finance Limited in March, 2010. The Company is a NonBanking Financial Company registered with the Reserve Bank of India. The Company is engaged primarily in Investment activities as the financing activities were discontinued.The growth of NBFCs was slower in FY 202425, due to the risk perception for players with higher exposure to wholesale lending, assetliability mismatches, capital adequacy and perceived corporate governance. This led to a scenario where NBFCs with riskier exposures and ALM mismatches finding it difficult to access capital market over the near to medium term.Company has evolved various policies and systems for credit risk to closely monitor the same. Company is having appropriate pre disbursal and post disbursement monitoring and regular follow up of the collection process. A low level of NPA proportion in the assets of the Company reflects its sound risk management policies. Company also follows provisioning norms of RBI. The major threat being faced by NBFCs are from aggressive marketing of Banks and low rates of financing offered by them.