Bengaluru, March 10, 2026: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770), India’s largest Non-Banking Financial Company–Micro Finance Institution (NBFC-MFI), has signed a USD 75 million syndicated social loan facility, strengthening its international funding base and supporting inclusive lending initiatives.
The facility qualifies as an external commercial borrowing and was arranged with HSBC acting as the Sole Mandated Lead Arranger and Bookrunner, bringing together participation from several global lenders including HSBC (GIFT City), Doha Bank (Qatar), State Bank (Mauritius) Ltd., Bank of China Ltd., and National Development Bank Plc (Sri Lanka).
The transaction marks another step in the company’s strategy to diversify its funding sources and deepen relationships with international financial institutions.
Global Fundraising Momentum Strengthens in FY26
CreditAccess Grameen has significantly expanded its overseas funding base during the current financial year.| Funding Metric | FY 2025–26 |
|---|---|
| Syndicated Social Loan Facility | USD 75 million |
| Total Global Funding Commitments | Over USD 300 million |
| Share of Borrowings from Foreign Sources | Over 15% |
Deployment of Funds Under Social Loan Framework
The proceeds from the syndicated facility will be deployed under the company’s Social Loan Framework, which focuses on financing projects that contribute to social development and financial inclusion.The framework outlines transparent use of funds, clearly defined social development objectives, and strong governance standards. An independent second-party opinion from Sustainalytics validated the credibility and impact orientation of the framework.
Management Commentary
Nilesh Dalvi, Chief Financial Officer of CreditAccess Grameen, said the offshore borrowing enhances the company’s funding flexibility and financial stability.“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 profile and liquidity position. 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,” Dalvi said.
HSBC representatives also noted that strong participation from global lenders highlights market confidence in the microfinance sector and CreditAccess Grameen’s asset quality and growth strategy.
About CreditAccess Grameen Limited
CreditAccess Grameen Limited is a Bengaluru-headquartered microfinance institution providing micro-loans and retail lending solutions primarily to women borrowers in rural India. The company operates across 450 districts in 16 states and one union territory through 2,222 branches. Its promoter, CreditAccess India B.V., specializes in financing micro and small enterprises. The company is listed on both the NSE and BSE.Source
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