CreditAccess Grameen has raised Rs 100 crore through rated, listed, senior, secured, redeemable, taxable, non-convertible debentures (NCDs) and allotted 1000 NCDs having face value of Rs 10,00,000 on private placement.
The Board of Directors of company at its meeting held on July 27, 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.
