CreditAccess Grameen has raised Rs 60 crore through the allotment of 600 senior, secured, rated, listed, redeemable, taxable, transferable, principal protected market linked Non-Convertible Debentures (NCDs), each having a face value of Rs 10 lakh on Private Placement basis. The Executive, Borrowings and Investment Committee of the Board of Directors of the Company, on September 27, 2022, has approved the allotment of 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.
