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Satin Creditcare Network planning to raise Rs 97 crore via NCDs

25 Jul 2018 Evaluate

Satin Creditcare Network is planning to raise funds through issuance of Non-Convertible Debentures upto the amount of Rs 97 crore through Private Placement. The meeting of the Board of Directors of the company will be held on July 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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