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CreditAccess Grameen raises Rs 989.58 crore via NCDs

07 Sep 2023 Evaluate

CreditAccess Grameen has raised Rs 989.58 crore through the allotment of 98,95,794 secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,000 each for cash at par, on Public Issue basis. The Executive, Borrowings and Investment Committee of the Board of Directors of the Company vide its Resolution dated September 07, 2023 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.


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