CreditAccess Grameen has received approval from board of director to raise Rs 25 crore through Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs), 250 numbers of NCDs having a face value of Rs 10,00,000 each. The Executive, Borrowings and Investment Committee of the Board of Directors of the company at its meeting held on July 28, 2020 approve 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.
