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Microfinance firm Satin Creditcare Network has set its sights on achieving a 10-15 percent loan growth in the financial year 2026. This optimistic projection is attributed to favorable factors such as a predicted good monsoon and easing interest rates, which are expected to reduce costs for both the company and its customers.
Relevant Insights:
- Satin Creditcare closed FY25 with assets under management amounting to Rs 11,300 crore, marking a 7 percent growth.
- The company anticipates improved business performance in FY26, driven by stabilizing conditions in the microfinance sector.
- A syndicated social term loan of USD 100 million was secured through external commercial borrowing, with the first tranche disbursed in March 2025.
- Satin Creditcare continues to explore opportunities in housing finance and MSME lending through its subsidiaries, Satin Housing Finance Limited and Satin Finserv Limited.
- While the company has no immediate plans to transition into a small finance bank, it remains open to evaluating this option in the future.
With a strong pipeline to support its growth ambitions, Satin Creditcare is poised to navigate the evolving financial landscape effectively.
Source: PTI, Economic Times, Business Standard
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