Bengaluru, March 10, 2026: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770), India’s largest Non-Banking Financial Company–Microfinance Institution (NBFC-MFI), has secured a USD 75 million syndicated social loan facility aimed at strengthening financial inclusion and supporting social development initiatives across the country.
The funding qualifies as an External Commercial Borrowing (ECB) under the Reserve Bank of India’s automatic route. Global banking major HSBC served as the Sole Mandated Lead Arranger and Bookrunner for the transaction. The financing attracted participation from several international lenders including HSBC (Gift City), Doha Bank (Qatar), State Bank (Mauritius) Ltd., Bank of China Ltd., and National Development Bank Plc (Sri Lanka).
The latest fundraise strengthens CreditAccess Grameen’s position as a leading microfinance institution with strong access to international capital markets. In the financial year 2025-26, the company has already secured over USD 300 million in commitments from global banks, development finance institutions, and impact investors, with more than 15% of its borrowing requirements met through foreign funding sources.
The proceeds from the loan will be deployed under the company’s Social Loan Framework, which follows the Social Loan Principles 2023. The framework ensures transparency in the use of funds, clearly defined social objectives, and strong governance standards. Sustainability ratings firm Sustainalytics has provided a second-party opinion validating the credibility and expected social impact of the framework.
Speaking on the development, Nilesh Dalvi, Chief Financial Officer of CreditAccess Grameen, said the offshore financing strengthens the company’s global funding network and improves its asset-liability management (ALM) profile and liquidity position. He added that foreign borrowings now account for 24% of the company’s funding mix, up from 9% five years ago, while the firm has continued to lower its incremental cost of funds. This strategy enables the company to offer affordable credit to microfinance customers and expand financial access in underserved communities.
HSBC officials also highlighted strong investor interest in the transaction. Lalitha A. Lodaya, Regional Director – International Mid-Market, South India, noted that participation from a diverse group of lenders reflects market confidence in the resilience of India’s microfinance sector and CreditAccess Grameen’s growth strategy and asset quality.
Headquartered in Bengaluru, CreditAccess Grameen provides micro-loans and retail financial services primarily to women borrowers in rural India. The company operates in 450 districts across 16 states and one union territory through more than 2,200 branches, playing a key role in expanding financial access for underserved communities.
The new social loan facility is expected to further strengthen the company’s mission of promoting inclusive and sustainable economic development across rural India.
Shares of CreditAccess Grameen Limited (NSE: CREDITACC) witnessed strong buying interest on Tuesday, with the stock trading at ₹1,197.00, up ₹42.80 or 3.71% during the session. The surge in the stock price came after the company announced that it had secured a USD 75 million syndicated social loan facility from global lenders to support inclusive financial growth in India.
