CreditAccess Grameen has completed a direct assignment of Rs 138.89 crore on June 26, 2019. This is the first Direct Assignment transaction initiated during the FY2019-20. With this transaction, the company has completed one Securitization and one Direct Assignment transaction totaling to Rs 249.24 crore in FY-2019-20.
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.
