A major highlight of the budget is the introduction of the Grameen Credit Score, which aims to enhance credit access for rural communities struggling ... received recognition from the Prime Minister’s ...

The National Statistics Office (NSO) projected a GDP growth rate of 6.4%, the slowest expansion in four years and lower than FY18-19. To this end, the budget speech 2025 hit all the right notes.

Here's the list of CreditAcc. Gram.'s futures contracts. The future contract comprises financial derivative contracts that bind parties to buy and sell an asset at a specified future timeand price.

CreditAccess Grameen (CREDAG)’s 3QFY25 loss stood at INR995m (vs. MOFSLe PAT of INR1.3b). NII grew ~7% YoY to ~INR8.6b (~6% miss) and PPoP rose 4% YoY to ~INR6.2b (~6% miss). Cost-income ratio ...

Citi has maintained SELL rating with a target price of Rs 800. The brokerage firm said, “Earnings were dragged by higher credit cost at Rs 6.5 billion. MFI segment witnessed deterioration ...

CreditAccess Grameen’s 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.

For the third quarter ending December 31, 2024, the microfinance lender reported a net loss of Rs 99.5 crore on Friday. Early risk recognition, cautious provisioning, and accelerated write-offs ...

On Friday, January 24, the non-banking financial company-micro finance institution (NBFC-MFI) reported a topline increase of 7.2 per cent year-on-year (YoY) for the December quarter of the current ...

Shares of CreditAccess Grameen Ltd. fell over 18% on Monday to hit a 34-month-low after it cut its guidance for the full financial year the second time. In addition, Nomura has cut the target price to ...