CreditAccess Grameen is planning for fund raising by way of issue of Redeemable Non-Convertible Debentures (NCDs) through private placement in one or more tranches. The meeting of the Board of Directors is scheduled to be held on January 31, 2019, to consider the same.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India. Its wide range of lending products addresses the critical needs of its customers throughout their life cycle and includes income generation, family welfare, home improvement and emergency loans.
