Creditaccess Grameen Limited, India's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has successfully secured a USD 75 million syndicated social loan facility, marking another significant milestone in its international fundraising strategy. The facility qualifies as an External Commercial Borrowing (ECB) under the Reserve Bank of India's automatic route.

Syndicated Facility Structure

HSBC acted as the Sole Mandated Lead Arranger and Bookrunner for this social loan fundraise, securing participation from a diverse group of international financial institutions:

Strong International Fundraising Performance

This transaction reinforces Creditaccess Grameen's robust track record in raising international funds through innovative financing solutions. The company has demonstrated exceptional performance in global markets during FY 2025-26:

The company has successfully diversified its liability franchise by securing commitments from global banks, development financial institutions, and impact investors, strengthening trust and leadership in the microfinance sector.

Social Impact Framework

The proceeds from the facility will be deployed under Creditaccess Grameen's Social Loan Framework, which maintains strict alignment with the Social Loan Principles 2023. The framework ensures:

• Transparency in fund utilization
• Clearly defined social development goals
• Strong governance standards
• Support for eligible social projects

Sustainalytics provided a second-party opinion, validating the credibility and impact of the Framework. This structure advances the company's mission of inclusive and resilient development across communities.

Management Commentary

Nilesh Dalvi, Chief Financial Officer of Creditaccess Grameen, highlighted the strategic importance of this partnership: "We are pleased to partner with HSBC, having successfully secured offshore financing that further strengthens our global funding reach. The foreign currency borrowings with a tenure of 3-5 years, significantly enhance our asset-liability management (ALM) profile and liquidity position."

Dalvi emphasized the company's disciplined approach to international fundraising: "Our sustained efforts to build strong relationships with leading global lending institutions have enabled us to increase the share of foreign borrowings from 9% to 24% over the past five years, while consistently reducing our incremental cost of funds. This disciplined approach allows us to extend affordable financing solutions to our microfinance customers and deepen our commitment to financial inclusion."

Lalitha A Lodaya, Regional Director – International Mid-Market, South India at HSBC, commented on the transaction: "We are delighted to have successfully closed this syndicated financing for Creditaccess Grameen Limited, one of India's leading NBFC-MFIs. Strong participation from diverse group of lenders underscores market's confidence in sector's resilience and company's robust asset quality and growth strategy."

Company Operations

Creditaccess Grameen Limited operates as a leading Indian microfinance institution headquartered in Bengaluru, focusing on micro-loans and retail lending solutions primarily for women customers in rural areas. The company maintains an extensive operational network across 450 districts in 16 states and one union territory through 2,222 branches. The company's promoter is CreditAccess India B.V., backed by institutional investors with over a decade of micro-lending experience in India.

CreditAccess Grameen Limited has announced the allotment of 9,850 equity shares under its Employee Stock Option Plan (ESOP) to 12 employees. The allotment was executed through the Executive, Borrowings and Investment Committee of the Board of Directors on March 06, 2026.

ESOP Allotment Details

The company informed stock exchanges about this development in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shares were allotted to employees who had exercised their options under the CAGL Employees Stock Option Plan - 2011.

Share Rights and Ranking

The allotted ESOP shares will rank pari-passu with the existing equity shares of the company in all respects. This means the newly issued shares will carry the same rights, privileges, and obligations as the existing equity shares, including voting rights and dividend entitlements.

Regulatory Compliance

The allotment was communicated to both BSE Limited and National Stock Exchange of India Limited as part of the company's regulatory disclosure obligations. The communication was signed by Deepti Ramani, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed.

This ESOP allotment represents the company's ongoing commitment to employee participation in its equity growth and aligns with standard corporate practices for talent retention and motivation.