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CreditAccess Grameen Limited is registered as a non-deposit accepting NBFC - Microfinance Institution with the RBI. It is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. It also uses its distribution channel to provide certain other financial products and services to the members.
Confirmation of Redemption/Payment of Interest and Principal
CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 30135 Shares.
CreditAccess Grameen raised INR 300 Cr via bilateral NCDs from Barclays Bank. This crucial funding will support the growth of its credit suite, strengthening the company's financial profile and funding architecture.
CreditAccess Grameen allotted 30,000 secured non-convertible debentures via private placement, raising ₹300 Cr. Series I (₹100 Cr) matures in 2 years at 9.15% interest. Series II (₹200 Cr) matures in 3 years at 9.25%. This is a significant fund infusion, with NCDs secured by receivables and set to be listed...
CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 43025 Shares.