Satin Creditcare Network is eyeing to raise up to Rs 50 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The Working Committee of the board of director of the company is scheduled to be held on November 04, 2016 to approve 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.