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Satin Creditcare Network raises Rs 30 crore through NCDs

24 Jan 2026 Evaluate

Satin Creditcare Network has raised Rs 30 crore through the allotment of 3,000 subordinated, unsecured, rated, listed, taxable, redeemable, transferable non-convertible debentures (NCDs) denominated in Indian Rupees (INR), having a face value of Rs 1,00,000 each. The Working Committee of the Board of Directors of the company in its meeting held on January 23, 2026, 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. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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