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Satin Creditcare Network enters into agreement with Karnataka Bank

29 Dec 2023 Evaluate

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.

Satin Creditcare Share Price

187.90 -0.90 (-0.48%)
05-May-2026 16:59 View Price Chart
Peers
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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