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Satin Creditcare Network eyes loan growth of 30-35% in FY20

Satin Creditcare Network is looking at a loan growth of 30-35 per cent and eyeing to raise Rs 6,200-6,300 crore through banks, NBFCs and bonds in 2019-20. On a consolidated basis, the company’s loan portfolio increased by 23 per cent to Rs 7,068 crore during the year ended March 31, 2019.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

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