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CreditAccess Grameen raises Rs 300 crore through NCDs

03 Sep 2026 Evaluate

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.

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