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Satin Creditcare Network raises Rs 225 crore

29 Jan 2022 Evaluate

Satin Creditcare Network (SCNL) has raised Rs 225 crore through preferential allotment of shares. The funds will be used as growth capital to boost the company's position in the lending ecosystem and to accelerate its strategic priorities.

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. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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