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A prime mover

Sumit Mukherjee, Chief Product & Programme Officer at Magma Fincorp, has over 23 years of experience in the retail finance business. He has been with Magma for seven years and has headed various functions in Credit and Sales.

An industry veteran

Sumit Mukherjee has a total experience of 23 years in the retail finance business. Currently, he is the Chief Product & Programme Officer at Magma Fincorp. He has been with Magma for seven years and has headed various functions in Credit and Sales.

Navigating through turbulent times

Overall slowdown in demand for new equipment, absence of new channels for the deployment of equipment compared to the overall availability, plummeting value of currency, lack of clarity on private coal blocks, highly depressed rental rates - all seems to have had its negative impact on the equipment finance segment.

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