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Grameen Koota Raises Rs 35Cr Through NCDs

BY  TEAM VCC
This NCD issue follows a similar Rs 20 crore NCD issue in January 2010 which was placed with MicroVest.

Bangalore-headquartered microfinance firm Grameen Financial Services Private Limited has raised Rs 35 crore ($8 million) in debt funding through an issue of secured, redeemable, nonconvertible debentures (NCDs) to Developing World Markets (DWM). The NCDs, which are listed on...

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