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Satin Creditcare reported a strong set of numbers for the third quarter, driven by improvement in asset quality and net interest margins. In an interview with CNBC-TV18, HP Singh, Founder and MD of the company spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, HP Singh, Founder & MD of Satin Creditcare Network discussed the company's Q1 performance.
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)
Net Interest Income is expected to increase by 2.5 percent Q-o-Q (up 68.5 percent Y-o-Y) to Rs 100 crore, according to Centrum.
In an interview with CNBC-TV18, Sanjiv Bhasin of IIFL said that these are standout earnings numbers from IndusInd and the bank will continue to command a premium valuation.