CreditAccess Grameen has raised Rs 145 crore through Rated, Listed, Secured, Senior, Redeemable, Taxable, Non-Convertible Debentures (NCDs) and allotted 1,450 NCDs having face value of Rs 10,00,000 on private placement. The Stakeholders’ Relationship Committee at its meeting held on June 29, 2020 has approved and allotted 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.