Creditaccess Grameen Limited

Creditaccess Grameen Limited is an Indian company in the BFSI industry (formerly Grameen Koota Financial Services Limited and Grameen Koota Financial Services Private Limited and Grameen Financial Services Private Limited) with 11 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.15% to 10% a year. 3 are cumulative bonds, which pay no periodic coupon; their contractual return is payable at maturity. One has a floating or market-linked coupon. Maturity dates run from 7 Nov 2027 to 2 Sep 2029. NSDL records all 11 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA- (Stable) (action dated 21 Apr 2026); ICRA AA- (Stable) (action dated 11 Jun 2024). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Creditaccess Grameen Limited
Formerly
Grameen Koota Financial Services Limited; Grameen Koota Financial Services Private Limited; Grameen Financial Services Private Limited
CIN
L51216KA1991PLC053425
LEI
335800YHFDVKKBDQMK23
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE741K
Outstanding bonds (ISINs)
11 (plus 16 matured)
Stated coupons (fixed rate)
9.15% – 10%
Maturity dates
7 Nov 2027 – 2 Sep 2029
Secured (NSDL)
11 of 11
Combined issue size of outstanding bonds
₹1,417 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Creditaccess Grameen bonds: ISIN, coupon and maturity

11 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE741K07553 NCD Cumulative ≈9.81% a year At maturity ₹477.11 per ₹1,000 7 Sep 2023 7 Nov 2027 ₹1,000 1.77 Secured None recorded NSE India Ratings AA- 21 Apr 2026
INE741K07587 NCD 9.4% Yearly 7 Sep 2023 7 Nov 2027 ₹1,000 5.35 Secured None recorded BSE, NSE India Ratings AA- 21 Apr 2026
INE741K07496 NCD 10% Yearly 23 Nov 2022 23 Nov 2027 ₹1,000 55.50 Secured None recorded BSE, NSE India Ratings AA- 21 Apr 2026
INE741K07504 NCD Cumulative At maturity 23 Nov 2022 23 Nov 2027 ₹1,000 8.24 Secured None recorded NSE India Ratings AA- 21 Apr 2026
INE741K07603 NCD Floating / market-linked Yearly 12 Jun 2026 12 Jun 2028 ₹1,00,000 100 Secured None recorded — ICRA AA- 11 Jun 2024
INE741K07611 NCD 9.25% Quarterly 24 Jun 2026 26 Jun 2028 ₹1,00,000 400 Secured None recorded BSE ICRA AA- 11 Jun 2024
INE741K07629 NCD 9.15% Yearly 2 Sep 2026 2 Sep 2028 ₹1,00,000 100 Secured None recorded — ICRA AA- 11 Jun 2024
INE741K07546 NCD Cumulative ≈10.13% a year At maturity ₹621.19 per ₹1,000 7 Sep 2023 7 Sep 2028 ₹1,000 17.80 Secured None recorded NSE India Ratings AA- 21 Apr 2026
INE741K07579 NCD 9.7% Yearly 7 Sep 2023 7 Sep 2028 ₹1,000 253 Secured None recorded BSE, NSE India Ratings AA- 21 Apr 2026
INE741K07645 NCD 9.15% Quarterly 1 Oct 2026 30 Sep 2028 ₹1,00,000 275 Secured None recorded BSE ICRA AA- 11 Jun 2024
INE741K07637 NCD 9.25% Yearly 2 Sep 2026 2 Sep 2029 ₹1,00,000 200 Secured None recorded — ICRA AA- 11 Jun 2024
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Cumulative NCD · Floating rate bond · Credit rating.

Public NCD issues

IssuerOpenedCouponTenorRatingIssue size
CreditAccess Grameen24 Aug 2023————

Creditaccess Grameen credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AA- Stable Reaffirm 21 Apr 2026 6 Verified by NSDL · Checked 7 Nov 2026
ICRA AA- Stable New 11 Jun 2024 5 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
21 Apr 2026 India Ratings AA- Stable Reaffirm
14 May 2025 India Ratings AA- Stable Reaffirm
11 Jun 2024 ICRA AA- Stable New
17 May 2024 India Ratings AA- Stable Reaffirm
10 Oct 2023 India Ratings AA- Stable Reaffirm
24 Apr 2023 India Ratings AA- Stable New
8 Mar 2023 India Ratings AA- Stable Reaffirm
15 Nov 2022 India Ratings AA- Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: ICRA, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
1 Oct 2026 INE741K07645 30 Sep 2028 Placement memorandum on BSE
2 Sep 2026 INE741K07629 2 Sep 2028 Placement memorandum on BSE
2 Sep 2026 INE741K07637 2 Sep 2029 Placement memorandum on BSE
24 Jun 2026 INE741K07611 26 Jun 2028 Placement memorandum on BSE
12 Jun 2026 INE741K07603 12 Jun 2028 Placement memorandum on BSE
27 Sep 2022 INE741K07447 27 Dec 2024 Placement memorandum on BSE
31 Aug 2021 INE741K07421 5 Sep 2023 Placement memorandum on BSE
31 Mar 2021 INE741K07405 31 Mar 2026 Placement memorandum on BSE
25 Mar 2021 INE741K07397 30 Mar 2023 Placement memorandum on BSE
10 Dec 2020 INE741K07389 10 Jun 2022 Placement memorandum on BSE
11 Nov 2020 INE741K07371 11 May 2022 Placement memorandum on BSE
20 Oct 2020 INE741K07363 20 Apr 2022 Placement memorandum on BSE
23 Sep 2020 INE741K07355 22 Mar 2022 Placement memorandum on BSE
14 Aug 2020 INE741K07348 14 Feb 2022 Placement memorandum on BSE
31 Jul 2020 INE741K07322 30 Jul 2023 Placement memorandum on BSE
27 Jul 2020 INE741K07314 21 Apr 2023 Placement memorandum on BSE
3 Jul 2020 INE741K07306 3 Jul 2023 Placement memorandum on BSE
29 Jun 2020 INE741K07298 21 Apr 2023 Placement memorandum on BSE
26 Jun 2020 INE741K07280 25 Jun 2023 Placement memorandum on BSE
31 Jul 2017 INE741K07215 31 Jul 2023 Placement memorandum on BSE
31 May 2017 INE741K07199 3 Jun 2022 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Creditaccess Grameen bonds: questions and answers

What bonds has Creditaccess Grameen Limited issued?

Creditaccess Grameen Limited has 11 outstanding bonds recorded on this page. By type, as described by NSDL: 11 NCDs. 16 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Creditaccess Grameen Limited bonds?

Its 11 outstanding bonds each have their own ISIN, for example INE741K07553, INE741K07587, INE741K07496. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE741K.

What coupon rates do Creditaccess Grameen Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.15% to 10% a year on face value. 3 cumulative bonds pay no periodic coupon; their contractual return is payable at maturity. One bond has a floating or market-linked coupon. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Creditaccess Grameen Limited bonds mature?

Its outstanding bonds have maturity dates from 7 Nov 2027 to 2 Sep 2029. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Creditaccess Grameen Limited bonds?

NSDL India Bond Info records India Ratings AA- (Stable) (action dated 21 Apr 2026); ICRA AA- (Stable) (action dated 11 Jun 2024) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Creditaccess Grameen Limited bonds secured, unsecured or guaranteed?

NSDL records all 11 outstanding bonds whose terms it holds as secured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Creditaccess Grameen Limited the same company as Grameen Koota Financial Services Limited?

Yes. Creditaccess Grameen Limited was formerly known as Grameen Koota Financial Services Limited and Grameen Koota Financial Services Private Limited and Grameen Financial Services Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L51216KA1991PLC053425.

Where can investors find the original disclosure documents for Creditaccess Grameen Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Creditaccess Grameen Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

What is a cumulative bond?

A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 13 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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