CreditAccess Grameen (CA Grameen) has signed $175 million syndicated social loan facility, qualifying as ECB (External Commercial Borrowing) under the automatic route of the Reserve Bank of India (RBI). Standard Chartered Bank and DBS Bank acted as the Joint Mandated Lead Arrangers and Bookrunners.
The transaction reflects the continued confidence of international lenders in CA Grameen’s business model and corporate governance standards. This marks the fifth ECB syndication transaction successfully completed by CA Grameen over the past five years, mobilising $640 million till date. The Company currently holds around 24% of its liability profile in foreign borrowings, building a strong lender base across 15 countries.
Over the past decade, CA Grameen has been continuously working towards diversification of its liability franchise beyond traditional bank borrowings, building presence in domestic debt capital market and expanding outreach in global loan market leveraging its strong ESG credentials. During FY27, the Company has also mobilised Rs 940 crore through multiple private placements of non-convertible debentures (NCDs), with pricing broadly in line with its average cost of borrowings.
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.
