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.
| Company Name | CMP |
|---|---|
| Power Finance Corp | 456.85 |
| REC | 356.50 |
| Indian Railway Fin. | 105.80 |
| NHIT | 160.00 |
| Satin Creditcare | 187.90 |
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