Satin Creditcare Network has raised $20 million through the allotment of up to 2,000 secured, rated, listed, redeemable, united states dollars denominated non-convertible bonds having face value of $10,000 on a private placement basis to BlueOrchard Microfinance Fund. The Working Committee of the Board of Directors of the company, in its meeting held on May 27, 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.
