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CreditAccess Grameen gets nod to raise Rs 1,500 crore via NCDs

24 Mar 2022 Evaluate

CreditAccess Grameen has received approval for raising funds through public issue of Non-Convertible Debentures (NCDs) in domestic market up to Rs 1,500 crore in different tranches. The board of director at their meeting held on March 23, 2022 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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