Mumbai, July 24 -- The subsidiary will act as the investment manager or sponsor to an Alternative Investment Fund (AIF) that will be registered with the Securities and Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012.

This strategic initiative is aimed at leveraging the company's existing financial services expertise while enabling revenue diversification through participation in the regulated alternative asset management sector.

The company is proposed to be incorporated in the State of Haryana, India.

Satin Creditcare Network is a leading microfinance institution (MFI) in the country. The company offers a bouquet of financial products in the non-MFI segment, comprising loans to MSMEs and ...