Satin Credit Care Network plans to expand affordable housing and retail MSME loans, especially for its clients who have completed more than two loan cycles with the company and have high credit requirements.

By serving clients graduating from microfinance, Satin aims not only to deepen its relationships with existing clients but also to capitalize on their evolving financial needs and capabilities. The move is in line with the company’s broader strategy of customer lifecycle management.

Microfinance company Satin Creditcare raised ₹ 120 crore in a securitization deal with HSBC India. The transaction ended with a coupon rate of 9.30 percent. The deal involved issuance of pass-through certificates for ₹ 119.12 crore.

• Also read: Q4 Results: Satin Credit Care Network reported a 33% increase in net profit.

Aditi Singh, Chief Strategy Officer, Satin Credit Care, said that after establishing a robust system to protect sensitive data and mitigate potential risks, Satin Technologies, a wholly-owned subsidiary of Satin Credit Care, will replicate the model. and plans to provide solutions to other companies, particularly in the financial services space.

The company plans to mitigate risks by implementing broad geographic diversification at the district level.

The company operates in 27 states, 419 districts and 90,000 villages to mitigate regional, political, social and environmental risks.

He said that in 97 per cent of the districts where Satin Creditcare operates, AUM exposure is less than 1 per cent, which eliminates the risk of concentration.

• Also read: Satin Credit Care Network extends its operations to Telangana and Andhra Pradesh.

To protect sensitive data and mitigate potential risks, the financial services company has installed a robust cybersecurity framework that includes endpoint security, encryption, and regular audits.

Shares of the company were down 0.13 percent at ₹ 196 on Monday.