Recently, at the Global Inclusive Finance Summit 2024, our CMD, Dr. H P Singh, joined an engaging panel discussion on “How Financial Inclusion Can Drive the Adoption of Climate-Smart Agriculture Practices.” While the conversation primarily explored the transformative role of financial inclusion in advancing sustainable agricultural practices, Dr. Singh was also asked to address the pressing challenges currently shaping the microfinance sector. In his remarks, he highlighted the delicate balance the sector must maintain amidst a complex web of current dynamics. Discussing the issue of overleveraging, he emphasized how unchecked credit cycles could strain both institutions and borrowers, underlining the need for disciplined lending practices with strong underwriting in place and robust risk management frameworks. Dr. Singh also shed light on the increasing impact of climate-induced risks, such as heatwaves and floods, which have intensified vulnerabilities in rural communities. He stressed the importance of proactive strategies, such as integrating climate-resilient practices into financial offerings, to help communities mitigate these risks. Furthermore, he emphasized the importance of new guardrails to stabilize the sector, integrating innovative and climate-resilient practices into financial models. He shared an optimistic outlook, citing better crop yields post-monsoon as a sign of resilience and a renewed pathway for rural empowerment. The session resonated with the spirit of the Summit—driving solutions at the intersection of financial inclusion, sustainability, and resilience to create a brighter future for communities and nation. #microfinance #mfi #paneldiscussion #satincreditcarenetworklimited
Satin Creditcare Network Limited
Financial Services
Gurgaon, Haryana 45,088 followers
Reaching out !
About us
Satin Creditcare Network Limited (SCNL or Satin) is a leading microfinance institution (MFI) in the country with a presence in 27 states & union territories and around 90,000 villages. The Company mission is to be a leading micro financial institution by providing a comprehensive range of products and services for the financially under-served community. The company also aims to lead in gender empowerment by leveraging on technology and innovation that forge sustainable strategic partnerships. In April 2017, SCNL incorporated a wholly-owned housing finance subsidiary (Satin Housing Finance Limited or “SHFL”) for providing loans to the affordable housing segment. In January 2019, SCNL received a separate NBFC license to commence MSME business through Satin Finserv Limited. As of March 2024, SCNL had 1,393 branches and a headcount of 12,896 serving around 34.7 lakh clients.
- Website
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http://www.satincreditcare.com
External link for Satin Creditcare Network Limited
- Industry
- Financial Services
- Company size
- 10,001+ employees
- Headquarters
- Gurgaon, Haryana
- Type
- Public Company
- Founded
- 1990
Locations
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Primary
Sector 44 Road
Gurgaon, Haryana, IN
Employees at Satin Creditcare Network Limited
Updates
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We are proud to add another feather to our cap at the Great Manager Awards! It gives us immense joy to announce that Satin Creditcare has once again emerged victorious, earning a place among the Top 50 Companies with Great Managers. Adding to this triumph, our heartfelt congratulations to Mr. Bharat Singh, Business Head of Uttar Pradesh East region and Mr. Nekib Ahmed, Circle Head of North East region, for their incredible feat of being recognized among the Top 100 Great Managers 2024 - a recognition of their exceptional leadership and dedication. This remarkable achievement marks the 4th time Satin Creditcare has received this prestigious accolade, highlighting our commitment to excellence in leadership and managerial expertise. #microfinance #greatmanagerawards #satincreditcarenetworkltd
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We are elated to be honored with the '𝗠𝗶𝗰𝗿𝗼𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗢𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿 𝟮𝟬𝟮𝟰 𝗔𝘄𝗮𝗿𝗱' - 𝗟𝗮𝗿𝗴𝗲 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆 at the 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗦𝘂𝗺𝗺𝗶𝘁 𝟮𝟬𝟮𝟰, organized by ACCESS Development Services in partnership with HSBC India and co-hosted by the Department of Financial Services. This recognition celebrates SCNL’s exemplary operational performance, broad outreach, strong governance practices, and noteworthy achievements across both qualitative and quantitative benchmarks. The award was presented by Mr. Hitendra Dave, Chief Executive Officer, HSBC India, to our CMD Dr. H P Singh, along with the Senior Management Team, in a ceremony attended by industry leaders and dignitaries. #proudmoment #globalinclusivefinancesummit2024 #winner #microfinanceoftheyear #inclusiveawards #satincreditcarenetworklimited
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No matter who we are or where we’re from, equality and dignity belong to all of us. This Human Rights Day, let’s reaffirm our commitment to building a more inclusive world. #humanrightday #justice #equality #mfi #satincreditcarenetworklimited
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A bribe today, a broken tomorrow. Say no to greed, yes to integrity. #internationaldayagainstcorruption #standagainstcorruption #satincreditcarenetworklimited
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A tribute to the visionary leader who stood for the voiceless, redefined equality and gave India its guiding principles through the Constitution. #ambedkarjayanti #equality #liberty #fraternity #constitutionofindia #satincreditcarenetworklimited
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Honoring the day that celebrates the selfless spirit of volunteers who inspire and drive transformative social and economic progress. #internationalvolunteerdayforeconomicandsocialdevelopment #internationalvolunteerday #satincreditcarenetworklimited
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Recently at the ET BFSI Converge Summit'24, our Chief Information Officer, Mr. Sunil Yadav, joined an engaging panel discussion on “NBFCs' CXOs: Hyper-Personalization in the NextGen Economy.” The session brought together the best minds in the industry to explore the transformative potential of personalization in redefining client’s experiences. “Mr. Yadav highlighted how NBFCs are moving beyond digitalization to embrace hyper-personalization as the new frontier. By leveraging advanced technologies like AI, machine learning and data analytics, financial solutions can now be uniquely tailored to each customer’s needs. He further explained how this approach not only enhances customer experiences but also drives financial inclusion, fosters innovation and lays a strong foundation for long-term, sustainable growth in the microfinance sector." The panel laid out strong points and truly highlighted the future of NBFCs - where personalization meets innovation, driving inclusion and sustainable growth. #satincreditcarenetworklimited #paneldiscussion #mfi #fintech
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We extend our heartfelt congratulations to our CMD, Dr. H P Singh, on being awarded the prestigious Honorary Doctorate Degree – Microfinance (Honoris Causa) by GNA University. This significant milestone celebrates the extraordinary journey of our leader, which has not only propelled Satin Creditcare to the forefront of the microfinance industry but has also made a lasting impact on the lives of millions by facilitating access to credit and fostering entrepreneurship. This distinguished recognition was conferred on 30th November 2024, following a recommendation from the University’s Governing Body, in acknowledgment of his remarkable contributions to the field of microfinance and his steadfast commitment to driving social and economic empowerment. Congratulations sir on this well-deserved honor. Your leadership lights the way for all of us at Satin Creditcare and beyond. #satincreditcarenetworklimited #mysatinmypride
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Empower yourself with knowledge—prevention is the strongest shield against AIDS #worldaidsday #preventionisbetterthancure #satincreditcarenetworklimited