Satin Creditcare Network (SCNL) has marked its presence in Arunachal Pradesh with the opening of its first branch at Namsai, in the state, taking its total count of states and Union territories to 24.
With operations spanning 1,057 branches, the company has continued to maintain a focus on rural and semiurban areas, ensuring that the services reach deep within those numerous regions that usually face low, or at best, moderate rates of penetration. It plays an eminent role in rural growth, clearly exhibited in 75% of its operations focused on rural India, with a presence in 90,000 villages. The foray into the Arunachal Pradesh market will help cater to the growing demand of the underserved, progressive poor communities within the states.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.
