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CreditAccess Grameen planning to raise funds via NCDs

02 Dec 2020 Evaluate

CreditAccess Grameen is going to consider the terms of issue of non-convertible debentures (NCDs) to be issued by the Company to various prospective investors on a Private Placement basis in one or more tranches/issues within the overall limit approved by the Board of Directors.

The meeting of Executive, Borrowings and Investment Committee of the Company will be held on December 04, 2020, to consider the terms of issue of non-convertible debentures.

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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