Satin Creditcare Network (SCNL) has inaugurated two branches in Telangana, situated in Warangal and Huzurabad and one branch in Kadiri in Andhra Pradesh. This move increases the total count of states and union territories to 26, as the company endeavours to reach more geographies.
With operations spanning across 1,386 branches, SCNL remains steadfast in its commitment to serving rural and semi-urban regions, ensuring that its services penetrate deep into areas where credit access is typically limited or moderate. The company has been playing an eminent role in rural growth, clearly exhibited through 76% of its operations focused on rural India and its presence across 97,000 villages. This latest venture in Telangana and Andhra Pradesh market will help cater to the growing demand from the underserved poor communities in these states.
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 | 454.80 |
REC | 541.05 |
Indian Railway Finance | 157.60 |
Satin Creditcare | 240.15 |
MAS Financial Serv | 295.45 |
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