Satin Creditcare News

Politics

The political hot potatoes on which urban India disagrees with the BJP

Support for the party in power may be at an all-time high, but that doesn’t mean Indians agree with it on everything. Simultaneous elections have few takers even among BJP supporters, and many agree with the Opposition on the caste census, the latest YouGov-Mint-CPR Millennial Survey found.

4 min read13 Feb 2024
Infographic

India's online scam problem

Online scams are rampant across India, according to a YouGov India survey, which found that 30% of respondents receive scam messages daily and nearly half know someone who has lost money to an online scam.

1 min read14 Dec 2023
News

Food fury complicates the inflation trajectory

Elevated vegetable prices could delay the beginning of any possible cuts in interest rates by the Reserve Bank of India, according to economists

3 min read17 Jul 2023
Industry

Credit card dues at ₹2 trillion by April mark a milestone

Indian credit card holders owed their banks ₹2 trillion in dues by April, the first time this milestone was reached. Banks will be delighted at the growth in this business, but high outstanding dues also present a risk.

1 min read10 Jul 2023
Economy

Central banks fall out of sync: What it means, in 5 charts

After a synchronized wave of monetary policy tightening across the world, central banks have fallen out of sync. Emerging markets have turned out to be the winners in making it work so far with early prudence, responsible communication and action on past cues.

4 min read5 Jul 2023
Companies

Satin Creditcare raises $9.4 million from offshore investors

The funds will be used to grow the assets under management of the lender by 35% at the end of 2019-20This is the second round of foreign funding for the micro-financier, which raised $10 million in debt funding from the US-based commercial finance company World Business Capital four years ago

1 min read27 Jul 2019
Industry

Satin Creditcare subsidiary gets housing finance licence

Satin Housing Finance to focus on opportunities in the affordable housing segment.

1 min read21 Nov 2017
Industry

Satin Creditcare raises Rs150 crore via QIP

Satin Creditcare sold 4.92 million shares to QIBs at a price of Rs305 per share, after giving a discount of 1.15% to the floor price of Rs308.56 per equity share

1 min read9 Oct 2017
Market

For NBFCs, the ride through the tunnel has just begun

From conglomerates to micro lenders, all NBFCs have borne the brunt of investor pessimism due to demonetisation

2 min read28 Dec 2016
Market

Satin Creditcare raises Rs250 crore in QIP

Satin Creditcare issued 4,529,970 equity shares to qualified institutional buyers (QIBs) at an issue price of Rs551.88 per equity share

2 min read9 Oct 2016
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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