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Satin Creditcare Network forays into housing finance segment

08 Feb 2018 Evaluate

Satin Creditcare Network has begun operations with the first loan disbursement on Feb 7, 2018 in the semi-urban area of Delhi- NCR. The company has forayed into the housing finance segment with focus on affordable housing in the rural and semi-urban areas.

With the existing strength of SCNL in rural and semi urban India, this will be strategic step to position Satin Housing Finance as one of the leaders in the affordable housing segment.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.


Peers
Company Name CMP
Power Finance Corpn. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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