Satin Creditcare Network is planning to raise up to Rs 35 crore through issuance of non-convertible debentures on private placement basis. The working committee of the board of directors of the company in its meeting scheduled to be held on March 27, 2017, 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.