US EditionCreditAccess Grameen Share Price Rises After Securing $100-Million Foreign-Currency Loan
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CreditAccess Grameen Share Price Rises After Securing $100-Million Foreign-Currency Loan
CreditAccess Grameen Ltd.'s share price advanced on Wednesday as the company secured $100-million foreign-currency loan facility. The microfinance company secured a multi-currency social credit facility, which is qualified as extra-commercial borrowing under the automatic route of the Reserve Bank of India. The lender deems the ECB as first of its kind in India's microfinance sector. The multi-currency credit facility entails the Japanese yen, U…
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