CreditAccess Grameen has raised Rs 300 crore through allotment of 30,000 senior, secured, rated, listed, redeemable, transferable, taxable, non-convertible debentures, having a face value of Rs 1,00,000. The debentures have been allotted on a private placement basis in two series. The Executive, Borrowings & Investment Committee of the Board of Directors of the company, in its meeting held on September 02, 2026, has allotted the same.
The committee has allotted 10,000 series 1 debentures having a coupon rate of 9.15% per annum and tenure of 24 months. Further, it has allotted 20,000 series 2 debentures having coupon rate of 9.25% per annum and tenure of 36 months. The debentures are proposed to be listed on the Wholesale Debt Market segment of BSE.
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.