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Satin Creditcare Network Limited logo

Satin Creditcare Network Limited

IncreasedQuarterly
SATINMicrofinance InstitutionsMarket Cap₹3K Cr
Stake
2.61% → 2.63%
ICICI Prudential Life Insurance
ICICI Prudential Life Insurance
Institution
The move

ICICI Prudential Life Insurance increased its stake in Satin Creditcare Network Limited from 2.61% to 2.63%, acquiring 17,914 additional shares. The total value of its holding in the company is now ₹74.01 crore.

About Satin Creditcare Network Limited
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A leading microfinance institution providing financial services across rural and semi-urban India. The company offers microfinance loans, MSME financing, and housing finance through its subsidiary. It delivers business correspondent services to other financial institutions and operates across 23 states and union territories, serving approximately 95,000 villages through a dedicated network designed to reach underserved populations in remote areas.

About ICICI Prudential Life Insurance
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Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.

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