CreditAccess Grameen Share Price Gains 4% After Securing $100 Million Multi-Currency Social Loan

CreditAccess Grameen Ltd. (CAGL), India's largest NBFC-MFI (Non-Banking Financial Company – Micro Finance Institution), has successfully secured a landmark $100 million multi-currency syndicated social loan facility.

The transaction was announced via stock exchanges on June 10, 2025, and marks a significant achievement for the company as it strengthens its international funding profile.

A First-of-its-Kind Deal in India’s Microfinance Sector

This new External Commercial Borrowing (ECB) facility, raised under the RBI's automatic route, is the first multi-currency syndicated social loan of its kind in India’s microfinance space. The funds have been raised primarily in Japanese Yen (JPY) and US Dollars (USD), with participation from 7 banks across South Asia and the Far East.

The facility originally launched in November 2024 with a base size of $70 million but was oversubscribed to $100 million, indicating strong investor interest and confidence in the company’s social impact model.

Structured for Impact: Social Loan Framework

The social loan aligns with CA Grameen’s Social Loan Framework, which adheres to the Social Loan Principles 2023 as defined by the Loan Market Association. This ensures that the proceeds will be used exclusively for socially beneficial projects.

CreditAccess Grameen’s Strategic International Partnership

This is the second successful syndicated loan led by Standard Chartered Bank for CreditAccess Grameen, following a $200 million ECB deal in 2023. The bank acted as the Sole Mandated Lead Arranger and Bookrunner for this new facility as well.

“Closing our second syndicated social loan this time in multi-currency format is a milestone,” said Mr. Nilesh Dalvi, CFO of CreditAccess Grameen. “The borrowing cost is highly competitive and aligns with our strategy to bring 25–30% of our funding from foreign sources by FY28.”

CreditAccess Grameen’s Purpose-Driven Funding

The proceeds from this facility will be directed toward eligible social projects, reinforcing CA Grameen’s mission to empower rural women through financial inclusion and foster sustainable development across underserved communities in India.

About CreditAccess Grameen

Headquartered in Bengaluru, CreditAccess Grameen operates across 2,063 branches in 423 districts, spanning 16 states and one union territory. Its focus is on providing microloans to women in rural areas, enabling livelihood generation and economic empowerment. The company is promoted by CreditAccess India B.V., a multinational player with over a decade of experience in micro-lending.

Read More: Big Boost for MSMEs: UP Building a ₹125 Crore "Flatted Factory" in Greater Noida.

Conclusion

CreditAccess Grameen’s latest syndicated social loan facility not only reinforces its position as a frontrunner in India’s microfinance ecosystem but also sets a precedent for innovative, ESG-aligned financing. By tapping into foreign capital markets with strong support from institutional lenders, the company is on a clear path to achieving a more diversified and resilient funding structure.

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