Satin Creditcare Network Limited (SATIN.BO)
Satin Creditcare Network Limited operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Gurugram, HA, IN. The stock last traded at $221.30, down 0.94% on the session, giving a market capitalisation of $24.37B. Its beta of -0.13 implies it has historically moved less than the broad market.
Operating as an Indian non-banking financial institution, Satin Creditcare Network Limited specializes in delivering comprehensive microfinance services nationwide. The company's core focus involves extending small loans, or microcredit, predominantly to economically active women residing in rural, semi-urban, and urban areas. These financial offerings are designed to support a diverse array of income-generating activities, including agriculture, transportation, trading, and manufacturing-related businesses. Beyond fostering livelihoods, Satin Creditcare also provides funding for water and sanitation infrastructure. Its lending solutions further encompass micro, small, and medium enterprise (MSME) loans, catering to a wide range of clients such as merchants, retailers, wholesalers, manufacturing units, service providers, salaried professionals, self-employed individuals, and agricultural businesses. Additionally, the firm extends financing to corporate entities and other microfinance institutions. It also facilitates the acquisition of essential consumer goods like solar lamps, bicycles, home appliances, and mobile phones through specific financing schemes, alongside offering various housing finance products. Established in 1990 under the name Satin Leasing & Finance Private Limited, the company rebranded to Satin Creditcare Network Limited in April 2000 and is headquartered in Gurugram, India.
Satin Creditcare Network Limited is most often compared with the following Financial Services names: