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Satin Creditcare Network planning to raise Rs 30 crore via NCDs

02 Aug 2018 Evaluate

Satin Creditcare Network is planning to raise funds up to the amount of Rs 30 crore through issuance of Non-Convertible Debentures on Private Placement basis. The meeting Working Committee of the Board of Directors of the company will be held on August 4, 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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