Reduces emissions of 207 tons of CO2 till Dec 2020Satin Creditcare Network has been successful in reducing emissions of 207 tons of CO2 into the environment,
empowering 93,181 households and 447,269 individuals with clean energy till December 2020.
Satin Carbon Program was eventually incorporated as a part of the UNFCCC Clean Development
Program (CDM). The company aims at expanding and improving its clean energy program with
thoughtful climate mitigation and planet conservation initiatives. In past, MicroEnergy Credits
(MEC) had certified SCNL for its efforts in April 2020.
The company s clean energy lending solutions include solar products like a torch, home system,
and lights.
Powered by Capital Market - Live News
Satin Creditcare Network Ltd. ranked 17 Among The Top 100 Best Annual Reports
Posted On: 2021-03-02 08:03:47 (Time Zone: Arizona, USA)
Satin Creditcare Network Limited (SCNL) (NSE: SATIN, BSE: 539404), one of the leading microfinance institutions in the country has garnered the platinum industry spot for its FY19-20 annual report in the Financial - Diversified Services category at the 2019-20 Vision Awards Annual Report Competition, organized by the League of American Communications Professionals (LACP), USA. The annual report also won the Gold spot among the Best Report in the Financial Space. The report earned 99 out of 100 points, making it the 17th Best Annual Report among Top 100 Annual Reports in the world. The event comprised of nearly 1,000 organizations representing more than 20 countries.
Here are the top stocks that are likely to be in focus today:
Reliance Industries: The company, in a late night filing, said that it has begun the process of carving out the O2C business into an independent subsidiary. The process for seeking approvals is likely to be completed by Q2FY22. The reorganisation of the O2C business will result in no change in the company s shareholding.
Jindal Power: The firm announced the appointment of former bureaucrat Anil Kumar Jha as its Chairman. A veteran of the mining industry, Jha is former chairman of Coal India Limited, JPL said in a statement.
Share this article
Share this article
ResearchAndMarkets.com s offering.
The Indian Microfinance Market is anticipated to grow at a brisk CAGR of more than 40% through 2025, predominantly on account of increasing demand for microfinance loans from the MSME sector.
The main objective of microfinance organizations is to give a chance to low-salary borrowers to become self-sufficient. This sector plays an important role in promoting inclusive growth by providing credit to borrowers who fall under BPL (Below Poverty Line) category. This industry is also helping women from rural areas to avail small loans at affordable rates to earn their livelihood.
Based on types, the Indian Microfinance Market is segmented into banks and non-banks. In India, bank are the preferred sources for Microfinance. Banks dominated the market in 2020 and the trend is likely to continue in the coming years as well. This is on account of banks offering attractive interest rates compared to non-banking insti