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Satin Creditcare planning to raise Rs 200 crore via private placement

12 Dec 2017 Evaluate

Satin Creditcare Network is planning to issue Non-Convertible Debentures up to the amount of Rs 200 crore through private placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on December 14, 2017, to consider 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.

Peers
Company Name CMP
Power Finance Corpn. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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