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Microfinance company Satin Creditcare Network announced a 51 per cent increase in its net profit for the third quarter of FY19 to ₹71 crore, against ₹47 crore in the same period a year ago. “The gross loan portfolio increased by 27 per cent y-o-y to ₹6,208 crore,” it said on Monday. Its total income grew to ₹402.2 crore (₹259.50 crore). Its draw-downs increased 65 per cent to ₹3,829 crore, which included securitisation and assignment transactions of ₹1,301 crore. Our Bureau
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