Satin Creditcare Network is planning to raise Rs 15 crore by way of private placement of non-convertible debentures. The working committee of the board of directors of the company in its meeting scheduled to be held on December 23, 2016, will consider 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.