Satin Creditcare Network Earns Prestigious Sustainability Rating

Satin Creditcare Network Ltd (SCNL), a major microfinance institution, has received a 'Very Good' SQS2 Sustainability Quality Score from Moody's Rating. This recognition highlights SCNL's commitment to financial inclusion, community resilience, and social progress. It's a significant achievement within the BFSI sector.

Microfinance powerhouse Satin Creditcare Network Ltd (SCNL) has been awarded a 'Very Good' SQS2 Sustainability Quality Score by the renowned Moody's Rating. This accolade marks the institution's first major sustainability assessment and underscores its commitment to aligning with global sustainability standards.

The accolade pays tribute to SCNL's relentless focus on financial inclusion, community resilience, and fostering long-term social progress. The recognition is significant within the banking, financial services, and insurance (BFSI) sector as SQS2 is among the highest ratings.

With operational presence in 29 states and union territories, reaching approximately 90,000 villages, SCNL reported a profit after tax of Rs 31 crore for the December quarter, reinforcing its leadership in the microfinance industry.