CreditAccess Grameen raises INR 425 crore via private NCD placement
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CreditAccess Grameen raised INR 425 crore in June 2026 via private placement of NCDs. This includes INR 325 crore arranged by Nuvama (subscribed by Sundaram Finance, Nuvama Wealth, Julius Baer, Royal Sundaram Insurance and Vivriti; oversubscribed from a base of INR 200 cr via green-shoe) at 9.25 percent fixed for 2 years, and INR 100 crore placed bilaterally with Bajaj Finance at 9.15 percent floating for 2 years. The NCDs are senior, secured, rated and listed.
Strong domestic investor confidence in CA Grameen credit profile. Diversifies funding mix and supports business growth at borrowing cost around 9 to 9.25 percent.