CreditAccess Grameen to issue retail bonds for the first time to raise Rs 1500 cr
India’s largest NBFC-MFI CreditAccess Grameen is for the first time planning to tap the retail bond market to raise up to Rs 1,500 crore as it looks to diversify its funding source and reduce the on bank borrowing. The retail bonds – likely to be for three- to five-years tenure – may bear interest rates … Read more