Satin Creditcare Strengthens Capital Base with ₹100 Cr Fund Raise

Satin Creditcare Network Limited (SCNL), 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. Both tranches were raised from different lenders. 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.

This long-term subordinated debt infusion comes at a time of heightened market uncertainty and reflects investors’ confidence in SCNL’s strong fundamentals, better performance, resilience and inclusive growth strategy.

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. Through this dual focus, SCNL not only supports economic empowerment but also promotes better health, hygiene, and overall quality of life for its women borrowers.

Over the years, Satin Creditcare has emerged as a trusted partner in advancing financial inclusion across India, with a presence spanning multiple states and a deep focus on underserved and rural households. By consistently innovating and responsibly expanding its credit offerings, the Company has played a pivotal role in enabling women-led growth stories at the grassroots level.

This 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.

Commenting on the development Dr. HP Singh, Chairman cum Managing Director of Satin Creditcare Network Limited, said, “Raising INR 100 crore at this juncture reinforces the confidence investors place in our model and vision. It validates our financial strength and the trust we have built over the years. This infusion also provides a stronger capital cushion to our CRAR of ~ 26% as at June 30, 2025. With this long-term support, we will be able to reach more households, empower women entrepreneurs, and uplift communities through both livelihood opportunities and access to essential services.”