Synopsis: India’s largest microfinance NBFC with a market capitalisation of over Rs. 19,100 crore has raised USD 75 million through a syndicated social loan from five global banks, backed by a PAT that doubled QoQ to Rs. 252 crore in Q3 FY26 and disbursements...
Synopsis: CreditAccess Grameen Ltd shares jumped 11% after the NBFC reported a sharp turnaround, posting a Rs 252 crore profit in Q3 FY26 compared to about a Rs 100 crore loss in Q3 FY25, aided by improving asset quality, rising disbursements, and strong borrower...
Synopsis: CreditAccess Grameen plunged heavily after Q2 FY26 profit fell 32% YoY to Rs 126 crore, hit by weaker asset quality as GNPA rose to 3.65%. NIM dropped 20 bps to 13.3%. CLSA maintained a Hold rating but raised the target to Rs 1,600, citing margin gains and...
Synopsis: CreditAccess Grameen Ltd is in focus after announcing Q1FY26 results, with analysts maintaining a positive outlook despite a net profit dip. A small-cap non-banking finance company is in focus today after announcing its financial results for Q1FY26. Check...
The shares of this NBFC-Microfinance Institution, is in the spotlight after reporting a strong Q1FY26 update. Following the robust performance, the company’s stock surged by 9%, reflecting positive investor sentiment. With a market capitalization of Rs. 21,250 crore,...
The shares of this smallcap NBFC involved in providing microfinance services to women plunged 18 percent on Monday after reporting a loss of 99.5 crores in its Q3 FY25 results and weak guidance by the company. Price Action With a market capitalization of Rs 12,779.30...
CreditAccess Grameen: India’s microfinance industry is booming, fueled by rural credit demand and supportive policies. Despite this growth, domestic lending to the private sector remains low at 55% of GDP, lagging behind Asian peers. The sector’s potential...
