Satin Creditcare Network Limited
ICICI Prudential Life Insurance raised its stake in Satin Creditcare Network Limited from 2.63% to 2.65%, adding 28,128 shares via a rights issue to take its total holding to 29,32,252 shares.
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.
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.