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Satin Creditcare Network planning to raise Rs 120 crore via NCDs

29 Aug 2019 Evaluate

Satin Creditcare Network is planning for the issuance of Non-Convertible Debentures (NCDs) up to the amount of Rs 120 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled on August 31, 2019, 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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