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Satin Creditcare Network eyes to demerge small and medium finance unit: Report

24 Dec 2018 Evaluate

Satin Creditcare Network is reportedly eyeing to demerge its small and medium finance vertical into a separate non-banking finance company (NBFC). The company is aiming to expand its non-microfinance business through separate subsidiaries in the NBFC space.

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. 328.00
REC 300.00
NHIT 168.00
Satin Creditcare Net 223.65
IFCI 67.34
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