Satin Creditcare to get $5.5 million from Capital First

Date posted: Wednesday 16 August 2017

Delhi-based microfinance firm Satin Creditcare Network is raising around Rs.35 cr. ($5.5 million) from non-banking financial company Capital First Ltd. According to a stock market disclosure, it will allot 1.23 million optionally convertible redeemable preference shares at Rs.284.53 apiece to Capital First.

(DealStreet Asia)