Satin Creditcare Network is planning to raise upto Rs 5000 crore through issuance of Non-Convertible Debentures (NCDs) in one or more tranches through private placement basis, subject to applicable laws and necessary approvals from shareholders, and any statutory authorities as may be required/applicable.
A meeting of the Board of Directors of the company is scheduled to be held on June 27, 2025, inter-alia, to discuss and consider 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.
