Satin Creditcare Shares Rise 4% After Strong Q2 Business Update
Satin Creditcare Network shares rose 3.74% following a robust Q2FY27 business update. Consolidated assets under management (AUM) increased 31% year-on-year to Rs 16,600 crore, with disbursements up 41%. Asset quality improved as gross non-performing assets (GNPA) dropped to 1.9%. Borrowing costs declined, collections remained strong, and the company expanded its borrower base, branches, and workforce during the quarter.
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