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Satin Creditcare Network planning to raise funds via NCDs

01 Nov 2018 Evaluate

Satin Creditcare Network is planning to issue Non-Convertible Debenture (NCD) for up to Indian Rupee (INR) equivalent of 30 million US Dollars through private placement. The Board Meeting of the company is scheduled to be held on November 14, 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. 328.00
REC 300.00
NHIT 168.00
Satin Creditcare Net 223.65
IFCI 67.34
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