Satin raises Rs 200 cr to support its growth momentum
Mumbai, May 7 -- Satin Creditcare Network (SCNL) has raised Rs 200 crore in
subordinated Tier II capital for a tenure of 7 years, reinforcing its capital base to support sustained growth momentum across its businesses.
The proceeds will be directed towards expanding high-impact lending segments, including Income Generating Loans (IGL) and Water, Sanitation and Hygiene (WASH) financing, alongside supporting the growth of its subsidiaries-further strengthening SCNL's position as a diversified, impact-led financial services platform.
Published by HT Digital Content Services with permission from Capital Market....
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