Satin Creditcare Network Limited (SCNL) (NSE: SATIN, BSE: 539404), one of the leading microfinance institutions in the country, has been ranked 38th among the Best Companies to Work for 2022 across all the industries and has also been recognized as Best in Microfinance Industry by the Great Place To Work Institute, India. This award solidifies the company’s commitment to providing an environment that promotes camaraderie and delivering a great workplace experience for all the employees. Every year, more than 10,000 organizations from over 60 countries partner with the Great Place to Work Institute for assessment, benchmarking, and planning of actions to strengthen their workplace culture. The achievement validates the company’s dedication to building a great culture within the organization and strengthening the future of the employees.
Commenting on the accreditation, Mr. HP Singh, Chairman and Managing Director, Satin Creditcare Network Ltd, commented, “We are absolutely honored to be recognized as one of the Best Companies to Work for 2022 by the prestigious Great Place To Work Institute. This accreditation brings us great pride and reinstates our position in the industry after being recognized as the best organization in the Micro Finance sector in the GPTW study. After rigorous processes of audits, checks, and surveys we came out as winners. The credit goes to our 10,000+ employees and I’m thankful to all of them for being the real pillars of Satin. Our people define Satin’s culture and create the type of environment where everyone respects and feels respected by their peers and leaders, and take pride in their work. This certification belongs to each and every member of the Satin team.”
Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation. It uses validated employee feedback gathered with Great Place to Work’s rigorous, data-driven methodology. It recognizes companies on numerous parameters to arrive at the coveted list of companies that provide an enabling environment of sustenance, growth, engagement, and work-life balance to its employees. It helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Additionally, it confirms the company’s commitment to developing and supporting incredibly talented teams to drive better business agility and make a difference for its clients.
Shares of Satin Creditcare Network Limited was last trading in BSE at Rs. 91.55 as compared to the previous close of Rs. 98.70. The total number of shares traded during the day was 18265 in over 398 trades.
The stock hit an intraday high of Rs. 101.50 and intraday low of 88.85. The net turnover during the day was Rs. 1688136.00.