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Satin Creditcare Network raises Rs 75 crore through NCDs

08 Mar 2022 Evaluate

Satin Creditcare Network has raised Rs 75 crore through Secured, Rated, Listed, Redeemable, Transferable, Non-Convertible Debentures (NCDs) and allotted 750 NCDs having face value of Rs 10 lakh each on private placement basis. The working committee of Satin Creditcare Network in its meeting held on March 7, 2022 has allotted 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. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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