Satin Creditcare Network has raised Rs 50 crore through allotment of 5,000 non-convertible debentures (NCDs) of face value of Rs 1,00,000 each. The Working Committee of the company in its meeting held on October 13, 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.