CreditAccess Grameen Allots ₹100 Cr NCDs

CreditAccess Grameen Limited has announced the allotment of 10,000 Non-Convertible Debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to INR 100 Crore. These senior, secured, rated, listed, redeemable, and transferable NCDs were issued on a private placement basis on June 12, 2026, with a maturity date of June 12, 2028. The interest rate is set at 9.15% per annum, payable monthly, benchmarked against the SBI's 3-month MCLR plus a spread of 90 bps. The NCDs are secured by a first-ranking charge on certain book debts and receivables and are proposed to be listed on the Wholesale Debt Market segment of BSE Limited.