Satin Creditcare Network reports 23 per cent fall in net profit

Operating profit grew 16 per cent to Rs 434 crore as compared with Rs 374 crore for the same period. Its asset under management grew 15.6 per cent to Rs 8,174 crore at the end of March over Rs 7,068 crore in the year back. Micro loans accounts for about 93 per cent of the business.

from Banking/Finance-Industry-Economic Times https://ift.tt/37y3nXy