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CreditAccess Grameen raises Rs 100 crore through NCDs

23 Sep 2020 Evaluate

CreditAccess Grameen has raised Rs 100 crore through Non-Convertible Debentures (NCDs) and allotted 1000 NCDs having face value of Rs 10,00,000 each on private placement. The stakeholders’ Relationship Committee at its meeting held on September 23, 2020 has approved 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.

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