Satin Creditcare borrows 15 million euros from Austrian lender

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Mumbai, Jul 10 (PTI) Microlender Satin Creditcare on Wednesday said it has borrowed Euro 15 million from an Austrian lender.

The company has borrowed from OeEB 'The Development Bank of Austria', and the funds will be primarily deployed to empower rural women entrepreneurs, as per a statement.

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The North Carolina-based firm has been present in the country for the last five years, through their global technology centre in Bengaluru, employing 300 people, according to a statement.

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The store is located at the Western Express Highway Metro Station, as per an official statement. PTI AA TRB TRB

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