Indian rupee notes and coins displayed in Mumbai, India (Photographer: Santosh Verma/ BloombergNews)

Satin Creditcare Back In Black On Higher Disbursements

Satin Creditcare Network Ltd. returned to the black in the July-September quarter with a profit of Rs 13 crore compared to a loss of Rs 78 crore in the previous quarter, aided by a pickup in disbursements, Chairman and Managing Director HP Singh told BloombergQuint.

Disbursements returned to its pre-demonetisation levels, resulting in the turnaround, he added.

Watch the full interview here: