ALSO READBanking law amendments to help effectively fix NPAs: Lavasa Finova Capital on-boards banking, finance veterans Rahul Sahney & Anurag Agrawal Rawat govt tables Uttarakhand's annual budget in Assembly Uttarakhand seeks Rs 11,150 cr central assistance Haryana to set up non-banking finance company
Non-banking finance company (NBFC) Satya MicroCapital today said it has disbursed loans of Rs 100 crore to about 35,000 customers since December 2016 when it launched its operations.
The company currently operates in six states of Haryana, Chhattisgarh, Punjab, Rajasthan, Uttarakhand and Uttar Pradesh.
"The company has disbursed loans worth Rs 100 crore to about 35,000 customers within a short span of 10 months since commencing operations in December 2016," Satya MicroCapital said in a statement.
Satya MicroCapital said it plans to cover 35 districts and seven states in this fiscal, and venture into less financially penetrated states in the coming year.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)