Tag: CreditAccess Grameen acquires Madura Micro Finance

CreditAccess Grameen to acquire Madura Micro Finance

CreditAccess Grameen Limited (“CAGL”), India’s leading microfinance institution, has announced the signing of definitive agreements for acquisition of a controlling majority in Madura Micro Finance Limited (“MMFL”) and subsequently, a merger of MMFL into CAGL (“Transaction”). The Board of Directors of CAGL and the Board of Directors of MMFL at their respective meetings held today…