Shares of CreditAccess Grameen Limited rose 3% on March 10 after the company announced that it has signed a USD 75 million syndicated social loan facility, structured as an External Commercial Borrowing (ECB) under the automatic route permitted by the Reserve Bank of India.
The facility was arranged by HSBC, which acted as the Sole Mandated Lead Arranger and Bookrunner. The syndicated loan also saw participation from HSBC (GIFT City), Doha Bank, State Bank (Mauritius) Ltd., Bank of China Limited, and National Development Bank Plc.
The loan facility carries a tenure of three to five years and will be deployed under CA Grameen’s Social Loan Framework, which is aligned with the Social Loan Principles 2023. The framework has received a second-party opinion from Sustainalytics, validating the credibility of the framework and its potential social impact.
CreditAccess Grameen stated that the proceeds from the loan will be utilised to finance eligible social projects, supporting its mission of strengthening financial inclusion and promoting resilient development in underserved communities.
The company also highlighted strong global funding support, noting that it has secured more than USD 300 million in commitments during FY2025–26 from international banks, development financial institutions and impact investors. This continued access to global capital has helped the NBFC diversify its funding mix and strengthen its balance sheet.
Over the past five years, the company has increased the share of foreign borrowings from 9% to 24%, while simultaneously reducing its incremental cost of funds. During FY2025–26, over 15% of its borrowing requirements have been met through foreign funding sources, reflecting growing confidence among global lenders.
CreditAccess Grameen currently operates a large rural lending network with 2,222 branches across 450 districts in 16 states and one union territory, enabling the company to expand access to microfinance and support inclusive economic growth across India.