Satin Creditcare Network has informed that Microfinance Institutions Network (‘MFIN’), a self -regulatory body for the micro-finance industry, had introduced stricter lending principles of limiting the number of microfinance lenders serving a single client to three from April, 2025 (Part of Guardrails 2.0). In view of the above, the company has informed that it has implemented cap on number of Microfinance lenders to three and have aligned its internal policies and processes accordingly.
The above information is a part of company’s filings submitted to BSE.
