creditaccess: CreditAccess Grameen invests Rs 150 crore in Madura

CreditAccess Grameen has invested Rs 150 crore in its subsidiary Madura Micro Finance to reinforce the capital adequacy ratio of the latter. India’s largest NBFC-MFI has invested the fund within the type of subordinate debt on Tuesday, the corporate stated in a regulatory disclosure to inventory exchanges. The fund infusion is geared toward sustaining Madura’s …

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