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Satin Creditcare Network enters into three investment agreements

20 Dec 2017 Evaluate

Satin Creditcare Network and its promoters have entered into three investment agreements on December 19, 2017.  The first investment agreement is between the company, its prompters and Kora Investments I LLC (Kora). The second investment agreement is between the company, its prompters and Nordic Microfinance Initiative Fund III KS (NMI) and third investment agreement is between the company, its prompters and IndusInd Bank (IndusInd).

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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