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Satin Creditcare Network to raise upto Rs 5000 crore through NCDs

06 Jul 2022 Evaluate

Satin Creditcare Network is planning to raise upto Rs 5000 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis, in one or more tranches. The meeting of the board of directors is scheduled to be held on July 11, 2022 to consider the same.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India.

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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