Satin Creditcare Network Limited (SCNL), one of India’s leading microfinance institutions, has raised ₹100 crore through subordinated debt, bolstering its capital position amid challenging market conditions.
The fundraise was executed in two tranches — ₹40 crore on July 24, 2025, and ₹60 crore on August 21, 2025 — through rated, unsecured non-convertible debentures (NCDs) that qualify as Tier II capital. The loans carry bullet repayments at the end of 5.5 years and 7 years, respectively, providing additional comfort to SCNL’s asset-liability management.
The company said the infusion reflects investor confidence in its fundamentals, resilience, and inclusive growth strategy. The proceeds will be deployed toward expanding income-generating loans (IGL) and Water, Sanitation and Hygiene (WASH) loans for clients, aimed at strengthening livelihoods and community well-being.
Chairman and Managing Director Dr. HP Singh said the raise reinforces investor trust and provides a stronger capital cushion to SCNL’s capital adequacy ratio, which stood at around 26% as of June 30, 2025. He added that the funding will help the company reach more households, empower women entrepreneurs, and expand financial inclusion.
With a presence across 26 states, four Union Territories, and over one lakh villages, Satin Creditcare continues to be a key player in India’s microfinance sector, serving nearly 3.3 million clients through more than 1,599 branches.
