Company updateBusiness Standard
Satin Creditcare to build ₹100 cr buffer amid risks
Neutral0
GreyOak summary
Satin Creditcare Network plans to build a ₹100 crore buffer to prepare for potential risks from El Nino and the West Asia war. Chairman H P Singh stated that the company has not yet seen any impact from these factors on its business. The management overlay was raised to ₹50 crore in Q2 from ₹36 crore in Q1.
What it affects
- Satin Creditcare NetworkSATINNeutral 0
Building ₹100 cr buffer against risks.Rolling sentiment Neutral +9
Source
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