Satin Creditcare Network raises Rs 50.05 crore via NCDs
25th Mar 2020

Satin Creditcare Network has raised Rs 50.05 crore. The Working Committee of company has allotted 10,010 Rated, Unlisted, Unsecured, Subordinated, Taxable, Transferable, Redeemable, Non-Convertible Debentures (NCDs) (Tier II) of Rs 50,000 each aggregating to Rs 50.05 crore.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.