@satincreditcare.com
Satin Creditcare, One of the Leading Microfinance Companies in India is a NBFC(non-banking financial corporation) that Aims to Make a Difference in Lives of Excluded Masses, While Creating an Ecosystem of Value-Led Growth for Each of its Stakeholders.
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Satin Creditcare Network Ltd (SCNL) is a non-banking financial institution (NBFC) based in India. The company was established in 1990, and it is headquartered in New Delhi, India. SCNL primarily operates in the microfinance sector and offers a range of financial products and services to low-income individuals and microenterprises.
The company provides microloans to help individuals and small businesses meet their various credit requirements, including farming, education, housing, and working capital. SCNL also offers group loans, individual loans, and loans for income-generating activities. On a global scale, SCNL has expanded its operations beyond India.
The company has a presence in various countries, including Myanmar, Nepal, Indonesia, Kenya, and the Philippines. It has achieved this through a combination of subsidiaries, joint ventures, and partnerships. Notably, SCNL has partnered with various international organizations such as the World Bank, Barclays, and the International Finance Corporation to expand its reach and further its impact in the microfinance sector globally.
In terms of market position, SCNL is one of the leading microfinance institutions in India. It has achieved significant growth over the years, with a strong focus on financial inclusion and providing support to the underserved sections of society. The company has garnered recognition for its efforts and has received awards like the 'Asian Leadership Award for Microfinance' and the 'Best MFI for Digital Initiatives' by the Indian Microfinance Industry.
In recent years, SCNL has undergone several strategic changes to drive its growth. It has embraced technology to improve efficiency and enhance customer experience. The company has also diversified its portfolio by entering into new sectors such as affordable housing finance.
As of the latest update, SCNL continues to expand its operations and explore new opportunities for growth. The company aims to leverage technology and innovation to strengthen its presence in the microfinance sector while maintaining its commitment to financial inclusion. In conclusion, Satin Creditcare Network Ltd is an established NBFC in India that focuses on providing microfinance solutions.
It has a global presence through subsidiaries, joint ventures, and partnerships and is a key player in the microfinance industry in India. With its strategic initiatives and focus on financial inclusion, SCNL has achieved substantial growth and continues to explore new avenues for expansion
Company Type
Public Company
Company Size
10,001+
Year Founded
1990
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