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Satin Creditcare Q2 profit surges over three-fold as asset quality improves

Economic Times ·First reported
Economic TimesSatin Creditcare Q2 profit surges over three-fold as asset quality improves
Image: Economic Times

Satin Creditcare Network reported a more than three-fold rise in consolidated net profit to Rs 176 crore in the second quarter, helped by lower microfinance provisions, portfolio growth and improved asset quality. Its gross NPA ratio improved to 1.9% from…

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