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SFB licence will be a major force multiplier: Satin Creditcare's H P Singh

We are still doing our business and will be ready with whatever we need to do, says Singh

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Satin Creditcare | small finance bank

Raghu Mohan 



H P Singh, Chairman and managing director, Satin Creditcare Network
H P Singh, Chairman and managing director, Satin Creditcare Network

Gurugram-based Network (SNN) is set to apply for a bank (SFB) licence. It was badly singed as a microfinance institution during demonetisation, but has since bounced back. SNN’s chairman and managing director, H P Singh, spoke to Raghu Mohan on the need to transform into an SFB for reasons ranging from stability in funding to hawking a wider suite, given its reach in the hinterland. Edited excerpts:

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First Published: Tue, October 22 2019. 00:28 IST

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