Satin Creditcare and HSBC India seal landmark Rs 119.1cr deal—What it means for microfinance in India
Satin Creditcare Network Limited (SCNL), a major player in India’s microfinance sector, has successfully concluded its first Pass-Through Certificate (PTC) transaction with HSBC India, valued at INR 119.12 crore. This transaction, completed at a coupon rate of 9.30%, represents a significant strategic move for SCNL as it aims to diversify its funding sources and strengthen […]