CreditAccess Grameen has received approval from board of directors to raise Rs 100 crore through issuance of 1000 rated, senior, secured, listed, transferable, redeemable, principal protected market linked Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each. The Board of Directors of the Company, in its meeting held on August 24, 2021, has considered and 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.
