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SATIN CREDIT CARE
Q2 Scorecard: Finance Capital, Finance Satin, Finance Dhanlaxmi post September quarter resultsCapital Small Finance Bank saw a 5% net profit rise to Rs 35 crore, despite higher provisions and a slight asset quality dip. Satin CreditC...- Microfinance interest rates continue to climb as credit costs stay highMicrofinance interest rates are rising, defying the general trend of declining rates, as lenders grapple with increased credit costs and pe...
- Satin Credit care Q1 Results: Net profit up 20% at Rs 105 croreMicrofinance company Satin Credit care Network's consolidated net profit for the June quarter stood at Rs 105 crore against Rs 88 crore in ...
- Satin CreditCare Network reports 33% YoY jump in March quarterSatin CreditCare Network's net profit rose 33% to Rs 125 crore in March quarter, driven by robust growth. Assets under management increased...
- Economy has really picked up in the rural space: HP Singh, Satin Credit CareNow products demand is based on so many other factors, not just related to the economic activity of the rural area.
- Stocks in the news: RIL, Tata Chemicals, Coal India, TechM, HDFC, Tata Motors DVR and AirtelTechM said its subsidiary has divested its stake in Altiostar Networks for $45 million (about Rs 331 crore) to Rakuten USA, Inc.
- NSE-BSE bulk deals: Spain’s Participaciones Internacionales laps up Mahindra CIEAditya Birla Sun Life Mutual Fund’s midcap fund and small & midcap fund sold 43,66,321 shares and 32,83,893 shares respectively of Mahindra...
- Spandana Sphoorty lists at 4% discount to issue priceAt the issue price, the stock traded at price-to-adjusted book value (P/ABV) of 2.4 times.
- Spandana Sphoorty IPO overall subscribed 1.05 timesSpandana Sphoorty has fixed a price band of Rs 853-856 per share for the public offer.
- Spandana Sphoorty IPO subscribed 6% on Day 1On Friday, the lender raised around Rs 360.28 crore from 18 anchor investors.
- Edelweiss to sell 20% of wealth businessEdelweiss Financial Services, the main holding company, does credit, franchise and advisory and insurance.
- CreditAccess Grameen closes below issue price on listing DayAnalysts are bullish on the stock with scope for growth as the company expands and taps into new territories.
- The next big Nifty bet can be micro financeUjjivan Finance, Equitas Holdings and Satin Creditcare have not participated in the latest rally.
- Will microfinance companies be your next bet amid market exuberance?Those stocks, available at cheap valuation, may double your investment in the next 3 years.
- ICRA cuts Janalakshmi's rating outlook to negativeThis is a serious blow to the Ramesh Ramanathan led small finance bank licensee, which is yet to receive the final go-ahead from Reserve Ba...
- Four top long-term plays for the investor: Sanjiv Bhasin, India InfolineFour stocks Godrej Properties, Thermax, Blue Star and Voltas these would be a good mix for playing slightly longer term in India, says Bhas...
- In just 5 months, MUDRA invests Rs 203 crore in securitisation dealsIt has invested Rs 100 crore in two securitisation deals with Janalakshmi Financial Services and another Rs 50 crore in Satin Credit Care.
- Twelve stocks in focus on Tuesday, 28 June 2016The Indian market is expected to open lower on Tuesday. Here is a list of top twelve stocks that are likely to be in focus today.
- Satin CreditCare to raise Rs 100 crore via bondsThe company said the bonds will be issued on a private placement basis. Shares of the company closed 13.08 per cent up at Rs 492.70 on BSE.
- Microfinance loans are now big business for the richSecuritisation of loans to small self-help groups that started a few months ago, is beginning to open a window of riches for those who get ...
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