Milestones

Reaches 2.59 mn active clients and gross AUM of ₹ 41,809.81 mn as on Sep’16 (On a consolidated basis) 2016
Raised Rs. 2.5 bn via QIP in Oct’16 2016
CARE Ratings upgraded LT Bank Facilities & NCDs to A- in Oct’16 2016
Acquired TSPL in Sep’16 2016
Exit of DMP in Jul'16 and ShoreCap in Aug’16 2016
Started MSME Lending and Individual Micro Loans in FY17 2016
Morgan Stanley Mauritius Company bought 15 Lakh shares of SCNL at Rs. 571 per share in Aug’16 2016
Received “Best Micro Finance Company in India” from Worldwide Achievers 2016
Received “Client Protection Certificate” under the Smart Campaign – 2016 from M-CRIL 2016
SCNL reports 86% growth in its Net Profit for FY2015-2016 2016
SCNL receives “Iconic Name in Microfinance Award”, at the Make in India Conclave – Indian Realty Award & International Business Awards in Nov’15 2015
Received top MFI grading of MFI 1 2015
Rs. 378.30 mn infused by Promoter Group 2015
Raised Rs. 414.70 mn from SBI FMO (including warrants) 2015
Listing on NSE, BSE and CSE 2015
SCNL entered 3 new states: Himachal Pradesh, Gujarat and West Bengal in Oct’15 2015
SCNL Kick- started its operations in 25 new branches in Oct’15 2015
25,000 families were added on 16th Oct’15 in a single day in our microfinance program  in Oct’15 2015
SCNL started cashless collections in Bihar and Gujrat in Oct’15 2015
SCNL started a new loan product - ‘Wash Loans’ from Bihar and Azamgarh in Oct’15 2015
SCNL started disbursement of ‘Clean and Safe Energy Loan’ to its clients as a commitment towards clean energy in Oct’15 2015
We are the first MFI to receive funding (Term Loan) MUDRA in Jul’15 2015
SCNL empowers of over 1 mn happy clients in North India in Mar’15 2015
Raised Rs. 284.37 mn of equity from NMI and USD 10 mn of debt from World Business Capital in the form of ECB 2014
Raised floating rate long term unsecured Tier II debt in Jul’14 2014
SCNL scored 'Platinum' rating and an overall rating of 4 stars in the ‘Impact Business Model Rating', conducted by GIIRS (Global Impact Investing Rating System) 2014
According to a latest MFIN Report on "Responsible Business Index (RBIndex, 2014)", SCNL has scored 94% against the industry average of 87% 2014
Reaches 0.80 mn active clients and gross AUM of Rs. 10,560.55mn as on Mar’14 2014
SCNL has Basel II Rating from CARE BBB (Triple B) for long-term bank facilities of Rs. 800 Crores (Enhanced from Rs.600 Crores) on 3rd Feb’14 2014
SCNL received the certificate of pricing transparency from mftransparency.org for the period Aug’13 to Aug’14 2013
Exit of Lok Capital 2013
Rs. 110.00 mn infused by Promoter Group 2013
Raised Rs. 300.00 mn from DMP, Shore Capital and Micro Vest 2013
Recieved ‘MFI 2+’rating by CARE (second highest on an eight point scale) 2013
Converts to NBFC-MFI in Nov’13 2013
Reaches 0.49 mn active clients and gross AUM of ₹ 5,800.26 mn as on Mar’13 2013
Receives 83% in microfinance COCA audit- 2012
Starts SHG bank linkage program in Rewa, MP 2012
Raised Rs. 180.50 mn from DMP in Feb’11 2011
Receives MIX Social Performance Reporting Award at Silver level 2011
Rs. 77.50mn infused by Promoter Group 2010
Raised Rs. 25.08mn from Lok Capital in Nov’10 and Rs. 218.50 mn from ShoreCap II in Dec’10 2010
Reaches 0.17 mn active clients and gross AUM of Rs. 1,690.76 mn as on Mar’10 2010
Raised Rs. 19.42 mn from Lok Capital 2009
Rs. 10 mn infused by Promoter Group 2008
Started JLG Model 2008
First private equity investment -- Raised ₹ 48.74 mn from Lok Capital 2008
Registers as NBFC
with the RBI
1998
IPO and listing on DSE, JSE and LSE 1996
Date of inception of Satin on Oct 16, 1990 1990

Latest News

  • Mr. HP Singh speaks to BTVI on Q3FY18 results and SCNL quarter Performance - Feb 15, 2018 (Know More)
  • Mr. HP Singh speaks to CNBC on Q3FY18 results & More - Feb 15, 2018 (Know More)
  • Satin Creditcare Network registers 30% YoY growth in gross loan portfolio- The Economic Times - Feb 14, 2018 (Know More)
  • Satin Creditcare Q3 net up 28 pc to Rs 21.6cr- Business Standard - Feb 14, 2018 (Know More)
  • Satin Creditcare comes up with stellar performance- Dalal Street Journal - Feb 14, 2018 (Know More)