IDBI Capital, Northern Arc invest Rs 60 crore in Satin FinservIDBI Capital and Northern Arc Capital have jointly invested Rs 60 crore in Satin Finserv, the MSME lending arm of Satin Creditcare Network....
07 Oct, 2025, 07.43 PM IST
Signs of revival: Five listed NBFC-MFIs take Rs 2,440 cr bad loans off balance sheets in Jan-MarchMicrofinance lenders in India aggressively cleared bad loans in Q4 FY25, significantly impacting profitability. This strategic move aims to...
03 Jun, 2025, 06.03 AM IST
Satin Creditcare Q4 Results: Profit slumps 69% to Rs 41 crore on asset quality stressSatin Creditcare Network's Q4 net profit plummeted 67% to Rs 41 crore due to asset quality stress and rising credit costs. Despite a challe...
09 May, 2025, 01.05 PM IST
Satin Creditcare Q3 Results: Profit slumps 87% YoY to Rs 14 croreSatin Creditcare reported an 87% YoY drop in Q3 net profit to ₹14 crore due to rising credit costs. Revenue grew 15%, but provisions surged...
10 Feb, 2025, 05.54 PM IST
Satin Credit care Q1 Results: Net profit up 20% at Rs 105 croreMicrofinance company Satin Credit care Network's consolidated net profit for the June quarter stood at Rs 105 crore against Rs 88 crore in ...
31 Jul, 2024, 07.37 PM IST
Satin Creditcare Network raises 15 million euros from Development Bank of AustriaThe external commercial borrowing with a tenure of five years is raised at a rate linked to Euribor and it comes around 11% approximately, ...
10 Jul, 2024, 08.55 PM IST
Satin CreditCare Network reports 33% YoY jump in March quarterSatin CreditCare Network's net profit rose 33% to Rs 125 crore in March quarter, driven by robust growth. Assets under management increased...
29 Apr, 2024, 04.43 PM IST
Satin Creditcare Network Q3 Results: Net profit doubles YoY to Rs 108 croreThe lender's gross portfolio jumped 44% year-on-year to Rs 9811 crore while the gross non-performing assets ratio declined to 2.4% at the e...
02 Feb, 2024, 08.56 PM IST
Karnataka Bank & Satin Creditcare sign up for co-lendingSatin Creditcare chairman HP Singh said: "This strategic alliance with Karnataka Bank is a significant milestone for SCNL. By combining our...
05 Jan, 2024, 05.54 PM IST
Economy has really picked up in the rural space: HP Singh, Satin Credit CareNow products demand is based on so many other factors, not just related to the economic activity of the rural area.
31 May, 2023, 11.18 AM IST
Microfinance stocks shine through the NBFC gloomIn the case of Spandana and CreditAccess, 95% and 86% borrowers are from rural areas.
23 Jun, 2020, 03.13 PM IST
Satin Creditcare gets $15 million ECB fundingThe first ECB investment in SCNL was by World Business Capital.
03 Jan, 2020, 03.41 PM IST
Top India microlender seeks $900 million to finance loan growthLoans at microlenders grew by an average 26% since 2014, almost double the rate seen at banks.
01 Jul, 2019, 01.55 PM IST
A 25-30% growth very much achievable by March 2019: HP Singh, Satin Credit"The costs have increased by about 0.5 bps to about 1 per cent in terms of our cost of funds," said Singh.
21 Dec, 2018, 11.46 PM IST
Satin raises $30 mn in bonds from Netherland's FMOThe MFI has a portfolio of Rs 5,561 crore at the end of September, which grew 39 per cent year on year.
14 Dec, 2018, 08.39 PM IST
Satin Credit’s fund cost up by 75 bpsIt also lends to the affordable housing segment in rural areas and to the SME sector.
24 Nov, 2018, 10.24 AM IST
Four top long-term plays for the investor: Sanjiv Bhasin, India InfolineFour stocks Godrej Properties, Thermax, Blue Star and Voltas these would be a good mix for playing slightly longer term in India, says Bhas...
06 Feb, 2017, 04.28 PM IST