Business and Finance Business and Finance
Fri, November 29, 2024
[ 12:30 PM ] - Bill Williamson
Lobbying ban proposal for former Minnesota legislators to resurface in 2025
[ 12:00 PM ] - Bill Williamson
Zenith Bank unveils Paris branch in grand style
[ 11:30 AM ] - Bill Williamson
Golding Farm Foods Welcomes Chris Lischewski as President to Drive Strategic Growth
[ 11:30 AM ] - Bill Williamson
From Tech Job to Thriving Business: How One Entrepreneur Built a $20,000/Month Income
[ 11:00 AM ] - Bill Williamson
Putin claims 'everything is under control' as inflation spikes and ruble plummets
[ 11:00 AM ] - Bill Williamson
India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act
[ 11:00 AM ] - Bill Williamson
India Inc thrilled over Finance Ministry's proposal to hike FDI Limit in insurance sector to 100%
[ 10:30 AM ] - Bill Williamson
ChatGPT Operator: How Contextual And Specialized AI Transform Work?
[ 10:00 AM ] - Bill Williamson
Zenith Bank expand global footprints with official commissioning of Paris Branch
[ 10:00 AM ] - Bill Williamson
Santander's European Co-Head of Leveraged Finance Leaves Bank
[ 09:30 AM ] - Bill Williamson
Uganda government to wholly finance $4 billion oil refinery through equity
[ 09:01 AM ] - Bill Williamson
No TDS on cash withdrawal by foreign representations from Dec 1: Income Tax department
[ 09:01 AM ] - Bill Williamson
Meet Top 10 Companies Revolutionizing the Market and Transforming Their Sectors
[ 09:00 AM ] - Bill Williamson
Jack Ma returns to Alibaba campus, as China moves to boost business confidence
[ 09:00 AM ] - Bill Williamson
Turnarounds uncertain at Macy's, Kohl's, Nordstrom as department stores enter the holiday season
[ 09:00 AM ] - Bill Williamson
Nigeria and France sign infrastructure and finance deals
[ 08:30 AM ] - Bill Williamson
Dubai unveils major new strategies for innovation, resilience and food security
[ 08:30 AM ] - Bill Williamson
India Q2 FY25 GDP Growth Data 2024 updates Live: Economic growth slows to 5.4%
[ 08:00 AM ] - Bill Williamson
Adani saga a week on: market cap loss, negative outlook, cancelled deals & a fightback by group
[ 07:30 AM ] - Bill Williamson
GDP report: international business powers island's economy
[ 07:01 AM ] - Bill Williamson
NBK-Egypt reports $104.8mln in net profit by the end of Q3 2024
[ 07:00 AM ] - Bill Williamson
US business community calls for deeper China-US economic ties
[ 07:00 AM ] - Bill Williamson
Breaking barriers in finance: How ATME is set to .. ne regional capital markets with RWA tokenisation
[ 07:00 AM ] - Bill Williamson
15 up-and-coming AI-powered fintech startups, according to top VCs
[ 06:30 AM ] - Bill Williamson
CreditAccess Grameen raises approx Rs 390 crore in co-financing from DEG and Citi
[ 06:30 AM ] - Bill Williamson
EPFO's Central Board of Trustees to meet on Novem .. veral investment related decisions to be taken up
[ 06:30 AM ] - Bill Williamson
ERP vs CRM: Understanding the Key Differences
[ 06:00 AM ] - Bill Williamson
I put my dreams on hold for a stable career in fi .. 6-figure salary to move to Hawaii and start over.
[ 05:30 AM ] - Bill Williamson
Zenith Bank Expands Global Footprints With Paris Branch Launch
[ 05:30 AM ] - Bill Williamson
CreditAccess Grameen enters into co-financing arrangement with DEG and Citi

CreditAccess Grameen enters into co-financing arrangement with DEG and Citi


Published on 2024-11-29 05:30:46 - Bill Williamson, WOPRAI
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  • CreditAccess Grameen announced that it has raised Euro 25 million from the German Investment Corporation, DEG, and INR 170 crore from Citi through a co-financing facility. In this new collaborative agreement,

CreditAccess Grameen, a microfinance institution, has entered into a co-financing arrangement with Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and Citibank, securing a $20 million loan. This partnership aims to enhance financial inclusion and support micro-entrepreneurs in India by providing them with necessary capital. The funds will be used to expand CreditAccess Grameen's lending operations, thereby fostering economic growth at the grassroots level. This move not only strengthens the company's balance sheet but also aligns with its mission to empower underserved communities through accessible financial services.

Read the Full Business Standard Article at [ https://www.business-standard.com/markets/capital-market-news/creditaccess-grameen-enters-into-co-financing-arrangement-with-deg-and-citi-124112900638_1.html ]
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