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Microfinance firm Satin Creditcare expects 10-15% loan growth in FY26: CMD

Business Standard LogoBusiness Standard5d ago

Microfinance firm Satin Creditcare expects 10-15% loan growth in FY26: CMD - Business Standard

Quick Summary:

Microfinance firm Satin Creditcare Network is aiming 15 per cent loan growth during the current financial year, on account of expected good monsoon and easing interest rates.

"We have closed FY '25 with the Assets under Management at Rs 11,300 crore registering a growth of 7 per cent but the coming year should be better in terms of business," Satin Creditcare Network Chairman cum Managing Director HP Singh told PTI.

Going forward, he said, "we expect loan growth of 10-15 per cent as there is normal monsoon forecast and easing interest rate bringing down cost for us and our customers".


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Article Details

Category: BusinessFinance

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-20 @ 12:52:47 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28021209

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Official Website: business-standard.com

Update Frequency: 247 posts per day

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