Satin Creditcare Eyes ₹5,000 Cr via NCDs—Board Meet Set for June 27

Satin Creditcare Network Ltd., one of India’s leading microfinance institutions, has announced that its Board of Directors will meet on June 27, 2025, to consider raising up to ₹5,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The proposed fundraising will be executed in multiple tranches, subject to shareholder and regulatory approvals.

 

The move comes as Satin looks to diversify its funding base and support its growing portfolio across 95,000 villages in 26 states and UTs. The company offers a wide range of financial products, including MSME loans, affordable housing finance, and business correspondent services. Despite a challenging Q4 FY25, where net profit dropped 82.9% YoY to ₹21.89 crore, Satin remains focused on long-term capital planning and financial inclusion.

 

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Source: Business Standard