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This Article is From Nov 14, 2017

Satin Creditcare Back In Black On Higher Disbursements

Satin Creditcare Back  In Black On Higher Disbursements
Indian rupee notes and coins displayed in Mumbai, India (Photographer: Santosh Verma/ BloombergNews)

Satin Creditcare Network Ltd. returned to the black in the July-September quarter with a profit of Rs 13 crore compared to a loss of Rs 78 crore in the previous quarter, aided by a pickup in disbursements, Chairman and Managing Director HP Singh told BloombergQuint.

Disbursements returned to its pre-demonetisation levels, resulting in the turnaround, he added.

Watch the full interview here:

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