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Satin Creditcare Network planning to raise Rs 97 crore via NCDs

23 Apr 2018 Evaluate

Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 97 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on April 25, 2018, 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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