Satin Creditcare Network has entered into ‘Master Agreement for co-lending of loans to Micro-Finance Borrowers by way of Co-Lending Module in tranches with Karnataka Bank in accordance with the Guidelines issued by the Reserve Bank of India in this regard.
The Co-Lending Agreement for providing loans to Micro-Finance borrowers within the limits set under RBI Guidelines for lending to priority sector. The company has entered into Co-Lending Agreement on December 28, 2023.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.
