BANKING & FINANCE
CreditAccess Grameen Raises ₹425 Cr Through NCDs To Support Growth
CreditAccess Grameen Ltd, a rural-focused inclusive financing platform, has raised ₹425 crore through a private placement of non-convertible debentures (NCDs) to strengthen its funding base. The fund raise comprised ₹325 crore of privately placed NCDs arranged by Nuvama Fixed Income Advisory and ₹100 crore of NCDs placed bilaterally with Bajaj Finance Ltd. Strong investor response […]
CW Bureau
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Jun 29, 2026
BANKING & FINANCE
CreditAccess Grameen Names Devika Praveen As Chief Compliance Officer
CreditAccess Grameen Ltd., a rural-focused inclusive financing platform, has appointed Devika Praveen as its Chief Compliance Officer (CCO). Devika brings nearly three decades of experience in banking and financial services, with expertise in regulatory compliance, governance, anti-money laundering (AML), regulatory supervision, policy management, compliance testing and Board-level oversight. Extensive experience Prior to joining CreditAccess Grameen, […]
CW Bureau
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Jun 11, 2026
BANKING & FINANCE
CreditAccess Grameen Chalks Out Its Next Phase, Eyes Household Finance
CreditAccess Grameen is working on a long-term strategy to evolve from a traditional microfinance lender into a full-spectrum household finance partner for rural and semi-urban India, according to Managing Director and Chief Executive Officer Ganesh Narayanan. Narayanan told analysts that the lender is strengthening customer acquisition through three channels, such as group-based sourcing, individual lending […]
CW Bureau
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May 13, 2026
BANKING & FINANCE
CreditAccess Advances Inclusive Growth With $75-Mn Loan Facility
CreditAccess Grameen, the non-banking financial company-micro finance institution (NBFCMFI), has signed a syndicated social loan facility of $75 million, qualifying as an ECB under the automatic route of the Reserve Bank of India (RBI). HSBC acted as the sole mandated lead arranger and bookrunner for the social loan fund raise, securing participations from HSBC (Gift […]
CW Bureau
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Mar 10, 2026
