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.