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Satin Creditcare Network raises Rs 20 crore through NCDs

21 Aug 2023 Evaluate

Satin Creditcare Network has raised Rs 20 crore through allotment of 2,000 non-convertible debentures (NCDs) of face value of Rs 1,00,000 each. The Working Committee of Satin Creditcare Network in its meeting held on August 21, 2023 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. 328.00
REC 300.00
NHIT 168.00
Satin Creditcare Net 223.65
IFCI 67.34
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