Satin Creditcare Network Limited (SCNL), one of the leading microfinance institutions reported its quarterly results for Q3FY17. The company experienced a weak quarter with a 10 percent fall in its assets under management (AUM).Speaking to CNBC-TV18 HP Singh, Founder & MD said its asset quality will continue to remain at the same levels going forward into Q4FY17.According to Singh, the company saw its collection efficiency improve to over 90 percent. Singh added that with political uncertainties behind us he expects a further bounce back in collection efficiencies in the poll-bound UP market.Watch video for more..
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