CreditAccess Grameen has invested Rs 150 crore by way of Subordinated Debt in Madura Micro Finance (MMFL). Earlier, on December 21, 2021 the company had received approval for further investment in Madura Micro Finance in the form of Subordinate Debt or Perpetual Debt Instruments (PDIs).
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.