CreditAccess Grameen is planning to raise Rs 3000 crore by issuance of ‘Securities’, which includes bonds, debentures, Non-Convertible debt instruments, commercial papers or any other marketable instruments, either through private placement or through any other permissible mode or any combination.
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.