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Satin Creditcare gets nod to raise funds up to Rs 33 crore

12 Dec 2017 Evaluate

Satin Creditcare Network has received an approval for the allotment of 330 Rated, Secured, Unlisted, Taxable, Transferable, Non-Convertible Debentures of  Rs 10,00,000 each aggregating to Rs 33,00,00,000. The Working Committee of Board of Directors of the company vide their resolution dated December 8, 2017 has consider 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

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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