About Satin Creditcare Network Limited (SCNL)

Satin Creditcare Network Limited (SCNL) was formed in 1990 as a Non-Banking Finance Company (NBFC) with the simple concept of providing individual loans to urban shopkeepers for tiny businesses. Since then the company has expanded and evolved into one of the leading

microfinance institutions in India

with its current geography in North as well as Central India. SCNL provides loans to both urban poor and rural poor to meet their productive requirements in starting new business or for growing an existing business. The

company’s microfinance

operation is based on both Joint Liability Group(JLG) model as well Self Help Group model (SHG). At present, SCNL has its strong presence and serves its clients throughout Bihar, Chandigarh, Delhi, Haryana, Jammu , Maharashtra, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh, Uttrakhand, Himachal Pradesh, Gujarat and West Bengal. In addition, to the above SCNL is also listed on Delhi, Jaipur and Ludhiana stock exchanges since 1996 through an IPO. SCNL is also listed on The Calcutta Stock Exchange (CSE), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).


SCNL begins cash digitization in Bihar (Know More)
Satin Creditcare Network Limited has raised Rs. 100 Crores on January 01, 2016 against disbursement of Term Loan from NABARD.
SCNL receives "Iconic Name in Microfinance Award", at the Make in India Conclave – Indian Realty Award & International Business Awards in November, 2015 (Know More)
Bombay Stock Exchange (BSE Limited) has granted listing permission and admitted equity shares of Satin Creditcare Network Limited with effect from October 20, 2015. (Know More)
National Stock Exchange of India Limited (NSE) has granted listing cum trading approval to the Equity shares of Satin Creditcare Network Limited with effect from August 26, 2015 (Know More)
SCNL received CARE MFI 1 (MFI One) grading - the top most category in MFIs grading.
The Calcutta Stock Exchange Limited has granted trading approval for equity shares of Satin Creditcare Network Limited (SCNL).
Satin Creditcare raises ₹25 Crores in July, 2015 (Know More)
MUDRA Bank sanctions its first loan of Rs. 35 Crores to Satin Creditcare Network Limited (SCNL) in July, 2015 (Know More)
SCNL raises Rs 51.31 crore from SBI FMO, June 2015 (Know More)
The equity shares of the Company are listed at The Calcutta Stock Exchange Limited with effect from May 19, 2015
SCNL organises workshop on 'Financial Literacy', in Ujjain region (Khandwa & Burhanpur) and Muradabad region (Joya & Nauganva) in May,2015 (Know More)
SCNL celebrates the joy of empowering families of over 1 million happy and endowed women in North India!
Mr. HP Singh (CMD- SCNL) was the Key Note MFI Speaker at the Symbiotics 10th anniversary annual event in Geneva in January 2015. (Know More)


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