Corporate News     24-Jun-24
Satin Creditcare Network opens branch in Dimapur, Nagaland

Satin Creditcare Network marked its presence in Nagaland with the opening of its first branch in Dimapur, taking its total count of states and union territories to 27. This historic move establishes SCNL as the first leading MFI to enter the state, aiming to bolster financial inclusion and drive economic development nationwide.

With SCNL's debut in Nagaland, its presence now extends to six states in the Northeast region. With operations spanning across 1,393 branches, SCNL remains steadfast in its commitment to serving rural and semi-urban regions, ensuring that its services penetrate deep into areas where credit access is typically limited or moderate. The Company has played an eminent role in rural growth, as evidenced by 76% of its operations being focused on rural India and its presence in 89,000 villages. This latest venture into the Nagaland market will help cater to the growing demand from underserved poor communities in the state

Previous News
  Satin Creditcare Network reports consolidated net profit of Rs 87.87 crore in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   16:33 )
  Satin Creditcare Network allots NCDs aggregating to Rs 332 cr
 ( Corporate News - 24-May-24   14:39 )
  Satin Creditcare gains as board OKs raising Rs 5,000 cr via NCDs
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  Satin Creditcare to mull fund raising on Jan 15
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  Satin Creditcare receives Rs 14.77 crore under Assam Microfinance Incentive and Relief Scheme
 ( Hot Pursuit - 25-Sep-23   14:24 )
  Satin Creditcare Network reports consolidated net loss of Rs 209.70 crore in the June 2022 quarter
 ( Results - Announcements 04-Aug-22   08:15 )
  Satin Creditcare Network standalone net profit rises 39.21% in the March 2022 quarter
 ( Results - Announcements 05-May-22   08:21 )
  Satin Creditcare to acquire 9% stake in fintech startup Rupyo
 ( Hot Pursuit - 13-Dec-21   15:00 )
  Satin Creditcare Network standalone net profit rises 65.12% in the June 2019 quarter
 ( Results - Announcements 10-Aug-19   11:48 )
  Satin Creditcare Network opens branches in Telangana and Andhra Pradesh
 ( Corporate News - 21-Feb-24   09:13 )
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