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Satin Creditcare Network raises USD 5 mn via ECB

Capital Market 

Satin Creditcare Network has received a senior loan facility of USD 5 million from Oesterreichische Entwicklungsbank - OeEB, Austria through External Commercial Borrowing channel.

Earlier in November 2019, Satin also signed a USD 15 million bilateral credit facility agreement with OeEB to finance income-generating and income-increasing activities of female small-scale and subsistence entrepreneurs in India.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, May 04 2021. 20:01 IST