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Business News | CreditAccess Grameen Secures INR 300 Crore Through Bilateral NCD Issuance

📰 Latestly 🕐 1 min read 📅 September 3, 2026 👁 2 views
Business News | CreditAccess Grameen Secures INR 300 Crore Through Bilateral NCD Issuance
Get latest articles and stories on Business at LatestLY. Bengaluru (Karnataka) [India], September 3: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, ‘CA Grameen’ or the ‘Company’), India’s leading rural focused inclusive financing platform, has successfully raised INR 300 crore in September 2026 through private placement of non-convertible debentures (NCDs). The issue launched was fully subscribed and bilaterally placed with Barclays Bank PLC, a qualified institutional buyer. The Company continues to tap the private placement NCD route to fund the growth of its lifecycle credit suite for low-middle income households across rural and semi-urban India. The NCDs are senior, secured, rated, listed, and redeemable in nature.
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