Corporate News     27-Dec-23
Satin Creditcare Network receives ratings action from ICRA
Satin Creditcare Network has received credit ratings from ICRA for various debt facilities as under:

Commercial paper (Rs 2000 crore) - ICRA A1 (reaffirmed)
Non convertible debentures (Rs 550 crore) - ICRA A; Stable (upgraded)
Non convertible debentures (Rs 200 crore) - ICRA A; Stable (assigned)
Subordinated debt (Rs 10 crore) - ICRA A; Stable (upgraded)
Fund based bank facilities (Rs 4200 crore) - ICRA A; Stable/ ICRA A1 (long term rating upgraded/ short term rating reaffirmed)
Fund based term loan facilities programme (Rs 7.66 crore) - ICRA A(CE); Stable (outstanding)

Previous News
  Satin Creditcare Network standalone net profit rises 89.07% in the September 2023 quarter
 ( Results - Announcements 27-Oct-23   17:07 )
  Board of Satin Creditcare Network appoints director
 ( Corporate News - 15-Jan-24   13:41 )
  Satin Creditcare Network to conduct board meeting
 ( Corporate News - 14-Feb-23   10:01 )
  Satin Creditcare board OKs fund raising via NCDs
 ( Hot Pursuit - 15-Jun-23   12:58 )
  Satin Creditcare to mull fund raising on Jan 15
 ( Hot Pursuit - 11-Jan-24   08:38 )
  Satin Creditcare Network to conduct board meeting
 ( Corporate News - 18-Feb-22   10:25 )
  Satin Group achieves milestone of Rs 10,000 cr AUM
 ( Corporate News - 10-Oct-23   14:02 )
  Satin Creditcare Network to consider fresh fund raising proposal
 ( Corporate News - 28-Feb-23   09:35 )
  Satin Creditcare Network schedules board meeting
 ( Corporate News - 05-Feb-21   14:46 )
  Satin Creditcare Network to hold board meeting
 ( Corporate News - 28-Nov-23   10:55 )
  Satin Creditcare board to mull fund raising on 6 Jan
 ( Hot Pursuit - 04-Jan-23   11:59 )
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