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Satin Creditcare Network raises Rs 125 crore via NCDs

31 Jan 2026 Evaluate

Satin Creditcare Network has raised Rs 125 crore through the allotment of 1,25,000 rated, listed, senior, secured, redeemable, taxable, non-convertible debentures (NCDs) denominated in Indian Rupees, having a face value of Rs 10,000 each. The Working Committee of Board of Directors of the company in its meeting held on January 30, 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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