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Satin Creditcare raises Rs 50 crore through NCDs

11 Dec 2020 Evaluate

Satin Creditcare Network has raised Rs 50 crore through Listed, Senior and Secured Non-Convertible Debentures (NCDs) and allotted 500 NCD’s of Rs 10,00,000 each for cash on Private Placement Basis.

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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