The proposed Grameen Credit Score will enable banks to extend more loans to rural women, known for prompt repayments, by ...
This is a framework evolved to help Self Help Groups (SHGs) and the citizens in rural India. The primary responsibility of developing this scheme is going to be enshrined on the public sector banks.
NBFC-Microfinance Institution (NBFC-MFI) CreditAccess Grameen has raised EUR 25 million (approximately INR 223 crore) from the German Investment Corporation (DEG) and INR 170 crore from Citi ...
Creditaccess Grameen has announced a $50 million external commercial borrowing deal with the International Finance Corporation. The funds aim to aid up to 4 million women borrowers engaged in ...
The Union Budget’s proposal for public sector banks to have a Grameen Credit Score (GCS) framework for self-help groups is ...
MFI, will borrow USD 50 million from IFC to expand reach to 40 lakh women borrowers, particularly those in agriculture.
CreditAccess Grameen posted a net loss of Rs 99.5 crore for the quarter, compared to a net profit of Rs 353.4 crore in the same quarter last year.
Spandana Sphoorty share price gained 3.6 per cent intraday today; Equitas Small Finance Bank 2.2 per cent; IndusInd Bank 1.9 per cent; and Ujjivan SFB 1 per cent ...
Goldman Sachs has also reportedly downgraded CreditAccess Grameen to 'Sell' from 'Buy ... especially on unsecured loans (personal loans/ MFI loans) which along-with yield pressure in secured ...
The book "Small Loans, Big Dreams: Muhammad Yunus, Grameen Bank and the Global Microfinance Revolution", written by Alex Counts, founder of Grameen Foundation USA, was officially launched on ...
The scrip fell 17.92 per cent to Rs 750.05 apiece on BSE. Nomura India has downgraded CREDAG to a non-consensus 'Reduce', ...
CreditAccess Grameens net interest income rose 7.4% YoY in Q3 to Rs 861.7 crore, while assets under management grew 6% to Rs 24,810 crore as of December. The borrower base increased 2.4% to 48 lakh.