Satin Creditcare Strengthens Capital Base with INR 100 Crore Subordinated Debt Raise

Satin Creditcare Network Limited, one of India’s leading microfinance institutions, has successfully raised INR 100 crore subordinated debt through rated, unsecured, non-convertible debentures (NCDs), qualifying as Tier II capital. The fundraise was completed in two tranches, the first tranche of INR 40 crore on July 24, 2025 and the second tranche of INR 60 crore on August 21, 2025. These loans, structured with bullet repayments at the end of 5.5 years and 7 years respectively, will provide additional comfort to the Company’s ALM position. The proceeds will enable the Company to further its mission of financial empowerment, with a continued focus on expanding income-generating loans (IGL), Water, Sanitation, and Hygiene (WASH) loans for its clients, thereby driving both livelihood creation and community well-being. The latest fund raise strengthens SCNL’s position to continue its journey of inclusive growth, ensuring that even in challenging times, access to affordable and impactful credit remains within reach for millions of aspiring individuals across the country.