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Satin Creditcare Network raises Rs 100 crore through NCDs

01 Nov 2023 Evaluate

Satin Creditcare Network has raised Rs 100 crore through allotment of 10,000 non-convertible debentures (NCDs) of face value of Rs 1,00,000 each on a private placement basis. The Working Committee of the company in its meeting held on November 1, 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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