Mr. HP Singh

Mr. HP Singh (Harvinder Pal Singh) is a social entrepreneur and founder of Satin Creditcare Network Limited., a microfinance company that provides microcredit facilities to economically active women in both rural and semi-urban areas, who otherwise have limited access to mainstream financial service providers. His passion for social engineering has guided SATIN to reach more than 3.5 million Indian families to make a positive impact on their livelihood. As a result, SATIN is one of the leading microfinance company in India with Assets under management (AUM) of approx USD $ 1 bn (as on March 31, 2019).

Satin Creditcare Network Limited (SCNL or Satin) is a leading microfinance institution (MFI) in the country with presence in 22 states and around 78,000 villages. The company mission is to be one stop solution for excluded households at the bottom of the pyramid for all their financial requirements. Under its product portfolio, company provides financial and non-financials products for rural development.
Under Mr. Singh’s leadership, SATIN has become a crusader of innovation in the microfinance industry. He is acknowledged for pioneering the unique concept of daily collection of EMIs to make loan repayments flexible and convenient for millions of daily wage earners.
Education
Mr. Singh is a law graduate and a fellow of The Institute of Chartered Accountants of India since 1984. He also holds industry and academic expertise across accounts, advisory services, auditing, project financing, and company law matters. In 2009, he has also participated in the leadership program by Women's World Banking at Wharton School of the University of Pennsylvania in 2011, and Harvard Business School’s Accion Program on Strategic Leadership for Microfinance.
Career
Since the inception of Satin Creditcare Network Limited. in 1990, Mr. HP Singh has continued to be at the helm of its day-to-day operations and long-term strategy. SATIN has grown as the most diversified non-banking finance company (NBFC) in India under the counsel & guidance of him. It is his financial engineering acumen, honed over almost thirty years of experience that has helped SCNL, achieve its success in operational strategy and efficiency.
Satin Creditcare Network Ltd
Satin Creditcare Network Limited. has distinguished itself as a pioneer in bringing new initiatives in its systems and processes. The risk management systems, proactive polices, along with core values and excellent customer relationships, saw us through. They have brought in differentiated endeavours, such as real time credit bureau check and real-time bank account verification while disbursing the loans to our clients. It is a ISO 27001:2013 certified company, committed to establishing a Gold Standard of Information Security (need to add relevant reference) best practices in the organization. The robust Information Security Management System (ISMS) upholds information security and client confidentiality as an integral component of our business.
SCNL remains focused on imbuing its subsidiaries with the same values and culture that have steered its own journey of growth and progress over the years, so that they can partner us in our efforts to make a difference to all our stakeholders. Even through subsidiaries also Taraashna Financial Services Limited, Satin Housing Finance and Satin Finserv Limited there is an excellent opportunity for growth in rural lending and will continue to strengthen its offering.

Company’s network of 1,168 branches (as on March 31, 2018) across 22 states and union territories also helps the clients access easy small ticket loans for solar utilities, water and sanitation, cycle, and many other necessities for life. At present, the company has 35 lakh active clients (as of March 31, 2019).

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