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Microfinance institution Satin Creditcare raises $100M social loan

YourStory LogoYourStory15h ago

Microfinance institution Satin Creditcare raises $100M social loan - YourStory

Quick Summary:

The loan was arranged by Standard Chartered Bank, which also participated in the funding from the SCB Gift City branch.

Other participants included six Sri Lankan banks.

The transaction includes a $25-million greenshoe option.

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Microfinance institution Satin Creditcare raises $100M social loan - YourStory (Picture 1)Microfinance institution Satin Creditcare raises $100M social loan - YourStory (Picture 2)

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 05:35:59 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 26978709

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 9 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

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The story "Microfinance institution Satin Creditcare raises $100M social loan" has 300 words across 22 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Microfinance institution Satin Creditcare raises $100M social loan" was covered 15 hours ago by YourStory, a news publisher based in India.

How trustworthy is 'YourStory' news outlet?

YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 9 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #26978709
  • URL: https://chronographically.beamstart.com/news/microfinance-institution-satin-creditcare-raises-1

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