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Satin Creditcare Network planning to raise Rs 187.50 crore through NCDs

17 Dec 2020 Evaluate

Satin Creditcare Network is planning to raise up to Rs 187.50 crore through issuance of Non-Convertible Debentures on Private Placement.  A meeting of the Board of Directors of the company is scheduled to be held on December 21, 2020 to consider and approve 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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