India, 17th February 2024: Satin Creditcare Network Limited (SCNL), a leading name in India’s microfinance landscape, has been ranked 12th globally for its FY23-24 Annual and Integrated Report in the ‘Financial – Diversified Services’ category at the 2023-24 Vision Awards, Annual Report Competition, organized by the League of American Communications Professionals (LACP), USA. The report earned an exceptional score of 99 out of 100, securing the Platinum Award in its category.
Among Indian participants, SCNL secured the second-highest ranking, reaffirming its leadership in financial transparency, governance, and strategic communication. This marks SCNL’s second Platinum Award, having first received the honor in FY21 when it ranked 17th globally. Since its debut in the competition in 2021, the company has consistently earned top rankings, reflecting its commitment to excellence in corporate reporting.
In addition to the Platinum Award, SCNL, in collaboration with SGA Advsita, was also honored with the Technical Achievement Award for overall excellence in the art and methodology of integrated report communications.
The LACP Vision Awards is a highly competitive platform, with this year’s event witnessing participation from nearly 1,000 organizations across multiple countries. Notably, 9 of the Top 10 Fortune 500 companies have participated in LACP competitions, further underscoring the global significance of this recognition. SCNL’s ranking among the Top 12 globally highlights its adherence to international best practices and its continued commitment to excellence in corporate communication.
SCNL’s FY23-24 Integrated Annual Report, developed under the theme ‘Growing with Grit. Conquering with Capability’, reflects the company’s resilience, strategic progress, and impact in financial inclusion. The report presents a holistic view of SCNL’s performance, governance and sustainability initiatives, reinforcing its dedication to best-in-class corporate transparency.