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Satin Creditcare Network raises Rs 65 crore through NCDs

12 Dec 2022 Evaluate

Satin Creditcare Network has raised Rs 65 crore through allotment of 650 secured, rated, listed, redeemable, transferable, non-convertible debentures (NCDs) of face value of Rs 10,00,000 each on private placement basis. The Working Committee of Satin Creditcare Network in its meeting held on December 12, 2022 has allotted the same.

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

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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