Satin Creditcare Network has received an approval for the allotment of 650 Rated, Listed, Secured, Taxable, Transferable, Non-Convertible Debentures of Rs 10 lakh each, aggregating to Rs 65 crore, on private placement basis. The Working Committee of the Board of Directors in their meeting held on October 03, 2017 has considered and approved the same.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.