CreditAccess Grameen Ltd completes Direct Assignment transaction of Rs. 201.09 crores

CreditAccess Grameen Limited has completed a Direct Assignment transaction amounting to Rs. 201.09 Crore during the month of September, 2022. This is the first Direct Assignment transaction completed during the financial year 2022-23.

The entire Direct assignment pool qualifies for Priority Sector Lending as per the guidelines prescribed by the Reserve Bank of India.

During the quarter ended September 2022, the Company has raised a total funds of Rs. 2,305.47 Crore through Term loans, NCDs, ECBs and Direct assignment.

Source : Equity Bulls

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CreditAccessGrameen DirectAssignment September2022