CreditAccess Grameen raises Rs 325 crore through NCDs

CreditAccess Grameen has raised Rs 325 crore through allotment of non-convertible debentures (NCDs). The company has allotted 32,500 senior, secured, rated, listed, redeemable, transferable, taxable, NCDs, having a face value of Rs 1,00,000 each, on a private placement basis. The NCDs carry a coupon rate of 9.25% per annum (fixed), payable quarterly and a tenure of 24 months and 2 days from the Deemed Date of Allotment. The Deemed Date of Allotment for the NCDs is June 24, 2026. The Executive, Borrowings & Investment Committee of the Board of Directors of the company in its meeting held on June 24, 2026 has approved the same. $CREDITACC