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Satin Creditcare Network planning to expand presence in South in near future

04 Dec 2020 Evaluate

Satin Creditcare Network is planning to expand its presence in South in the near future. As part of expansion, the company has opened four branches in Coimbatore and Tirupur districts of Tamil Nadu in the last 10 days and many more branches are expected after carrying out a survey of localities in another three months. There are 84 branches in South - 53 in Tamil Nadu and 31 in Karnataka - at present. The presence would be seen in other states shortly. The company has extended loans of Rs 360 crore to women SHGs in the last two years in South, which is four per cent of national lending, and is witnessing a growth trajectory over the period.

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

Satin Creditcare Net Share Price

258.55 -5.85 (-2.21%)
15-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corpn. 405.80
REC 351.75
Indian Railway Fin. 88.81
NHIT 160.00
Satin Creditcare Net 258.55
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