Massive Capital Raise by CreditAccess Grameen: In a significant financial move, CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770), the largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) in India, has successfully raised a whopping INR 989.58 crore through a public issue of secured, redeemable Non-Convertible Debentures (NCDs). These NCDs are now listed on both the National […]
In Q1 FY24, CreditAccess Grameen Limited, a non-banking financial company-microfinance institution (NBFC-MFI) based in Bengaluru, reported its unaudited and limited reviewed financial performance. The company posted a significant YoY increase in total income, rising by 53.9% from INR 760.5 crore to INR 1,170.7 crore. Net interest income (NII) also saw a substantial growth, up by […]
