Satin Creditcare Network Ltd Raises Rs 60 Crore Through Listed Secured NCD Issuance

Satin Creditcare Network Limited has successfully raised Rs 60 crore via the issuance of listed, secured non-convertible debentures (NCDs), reinforcing its capital base amid challenging market conditions. The fundraise reflects investor confidence in Satin’s resilient business model and growth strategy focused on financial inclusion.

Key Highlights

The Rs 60 crore secured NCD issuance is part of Satin’s broader capital-raising efforts to strengthen its asset liability management and capital adequacy ratio.

These debentures offer investors an opportunity to participate in a stable, rated financial instrument with attractive risk-adjusted returns.

Proceeds will be used to support Satin’s expanding portfolio of income-generating loans and Water, Sanitation, and Hygiene (WASH) loans, promoting sustainable growth and social impact.

Satin Creditcare remains a leading microfinance institution, serving underserved rural and semi-urban households across 26 states and 4 union territories.

This financing milestone positions Satin Creditcare to continue its mission of empowering women entrepreneurs and fostering inclusive development.

Sources: Satin Creditcare official releases, Findoc, Economic Times