Satin Creditcare Network Ltd - 539404 - Closure of Trading Window
Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-12-2022
28-12-2022
Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Allotment
Satin Creditcare Network Limited has informed the Exchange about Allotment of 650 Secured, Rated, Listed, Redeemable, Transferable, Non-convertible Debentures12-12-2022
Satin Creditcare Network Ltd - 539404 - Board Meeting Outcome for Satin Creditcare Network Limited Has Informed The Exchange About Committee Meeting Held On 01-Dec-2022 To Consider & Approved The Fund Raising By Way Of Issuance Of Non-Convertible Debentures On Private Placement Basis.
Satin Creditcare Network Limited has informed the Exchange about Committee Meeting held on 01-Dec-2022 to consider & approved the Fund raising by way of issuance of Non-convertible debentures on Private Placement Basis.01-12-2022
Satin Creditcare Network Ltd - 539404 - Board Meeting Intimation for Raising Of Funds Through Private Placement Of Non-Convertible Debentures.
Satin Creditcare Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/12/2022 ,inter alia, to consider and approve Satin Creditcare Network Limited has informed the Exchange about Committee Meeting to be held on 01-Dec-2022 to consider Fund raising28-11-2022
Satin Creditcare Network Ltd - 539404 - Disclosure Of Related Party Transaction For The Period Ended September 2022.
Satin Creditcare Network Limited has informed the Exchange about related party transaction for the period ended September 202209-11-2022
Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Satin Creditcare Network Limited has informed the Exchange about Transcript of Analysts/Institutional Investor Meet/Con. Call03-11-2022
Satin Creditcare Network Ltd - 539404 - Statement Of NIL Deviation As Per Reg 32
Statement attached29-10-2022
Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Satin Creditcare Network Limited has informed the Exchange about Newspaper Advertisements29-10-2022
Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Satin Creditcare Network Limited has informed the Exchange about Recording of Analysts/Institutional Investor Meet/Con. Call28-10-2022
Q2FY23 Quarterly Result Announced for Satin Creditcare Network Ltd.
NBFC firm Satin Creditcare Network announced Q2FY23 results: Our consolidated disbursement for the quarter stood at Rs. 1,709 crore as compared to Rs. 1,315 crore in Q2FY22 Microfinance disbursement for the quarter stood at Rs. 1,568 crore as compared to Rs. 1,221 crore in Q2FY22 Our Average Ticket Size of MFI Lending for the quarter stood at Rs. 43,000 PAT for Q2FY23 stood at Rs. 55 crore as compared to Rs. 12 crore in Q2FY22 The assigned Portfolio stood at Rs. 1,390 crore as on 30th September 2022 Commenting on the performance, Mr. HP Singh, Chairman cum Managing Director of Satin Creditcare Network Limited, said ‘’With the pandemic in the rearview mirror, we are now returning to solid ground with business. The second quarter of FY23 has been a great one where our past pain of restructured book has been resolved. With a strong strategy in place, we have been able to bring down the restructured book from 21.4% to 6.4% as of Q2FY23, which goes to show our resilience and smart business structuring that caters to solving the present pain points. Our disbursals for Q2FY23 have increased by 30% on a YoY basis. Our portfolio quality has also improved this quarter. The new portfolio that we disbursed has been a boon to our business, bringing in good yields and having excellent asset quality with NPA at 0.2% as of Q2FY23. As of Q2FY23, we have achieved a 9% pre-write-off growth on a YoY basis in standalone AUM. We have also moved towards a more robust, scalable, secured, and completely paperless technological journey with the advent of AWS into the system. We are excited about the new system of Aadhaar authentication of clients (E-KYC) authorized by the Ministry of finance in consultation with UIDAI and RBI. This is a huge achievement for us and a great step in strengthening the security of our customers. This is a great testament to our progress towards achieving growth and building a profitable business while helping the underprivileged build a higher standard of living’’. Result PDF28-10-2022