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CreditAccess Grameen planning to raise funds through NCDs

20 Apr 2021 Evaluate

CreditAccess Grameen is going to consider the terms of issue of Non-Convertible Debentures (NCDs) or like instruments 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 as approved by the Board of Directors. The meeting of the Executive, Borrowings and Investment Committee of the company will be held on April 22, 2021 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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