Focus on core business, entering banking space on hold: Satin Creditcare MD

Disbursement figures rising, pain of pandemic over for microfinance sector: H P Singh

Satin Creditcare, one of India’s largest microfinance institutions, plans to have an equal share of secured and unsecured loan portfolio. H P Singh, chairman and managing director of Satin Creditcare, told Manojit Saha in an interview that pandemic-related issues are over in the sector.

Here are edited excerpts from the interview.

The microfinance industry has seen ups and downs, the last one being Covid-19. Do you think the sector has come out of it?

 It was a long haul, in terms of collection efficiency, gross NPA, economic activity as well as the income generating ability of the