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.