Economy · India

CreditAccess Grameen Raises INR 425 Crore Through Private Placement

CreditAccess Grameen, a microfinance institution, has successfully raised INR 425 crore by issuing Non-Convertible Debentures (NCDs) through a private placement. This financial move aims to bolster the company's capital base and support its lending operations. The issuance was conducted privately, indicating a targeted approach to fundraising.

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