Satin Creditcare Network Limited — Updates, 21-02-2025: Press Release

Satin Creditcare Network Limited (SCNL), a leading microfinance institution in India, has received an SQS2 Sustainability Quality Score (Very Good) from Moody’s Ratings for its Social Financing Framework. This assessment, carried out for the first time, indicates SCNL's strong alignment with international sustainability standards and highlights its commitment to financial inclusion and responsible financing.

The Company’s framework adheres to the highest global standards, reinforcing practices such as transparency and impact measurement in social financing. SCNL aims to empower financially under-served communities through a wide range of financial products, including loans for MSMEs and affordable housing, alongside leveraging technology for innovative solutions. With a robust branch network and a significant client base, Satin’s positive recognition by Moody's not only enhances its market reputation but could also boost investor confidence in the company's sustainable growth trajectory. Potential growth is expected as SCNL continues to align its operations with sustainability goals, attracting support for its initiatives in gender empowerment and community resilience.