Satin Creditcare Network has secured approval to raise up to Rs 5,000 crore through issuance of non-convertible debentures (NCDs), in one or more tranches on private placement basis. The Board of Directors of the company at its meeting held on June 23, 2026 has approved the same. The NCDs are to top be issued within a period of one year from the date of Shareholders’ approval, to any category of investors eligible to invest in the NCDs.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.
