Satin Creditcare Network has raised Rs 100 crore by issuing 100 rated, listed unsecured, redeemable, transferable, Non Convertible Debentures (NCDs) having face value of Rs 10 lakh each, on a private placement basis. The working Committee of the Board of Director of the Company held on June 28, 2016 has approved for the same.
Satin Creditcare Network was formed as a Non-Banking Finance Company (NBFC) and has expanded and evolved into one of the leading microfinance institutions in India with its current geography in North as well as Central India.
