CreditAccess Grameen Q4 net profit soars 86%The lender's gross loan portfolio grew by nearly 27% year-on-year to Rs 21,031 crore at the end of March while it added about 12.3 lakh new...
CreditAccess raises $20 million from OeEB"This marks the third ESG-linked loan in our inclusive finance journey with $80 million raised so far," managing director Udaya Kumar Hebba...
CreditAccess Grameen Q1 Results: Profit jumps nearly seven-fold to Rs 140 crore“Our primary focus during the June quarter was on maintaining a strong collections trend and ensuring complete alignment with the new micro...
CreditAccess Grameen raises Rs 50 crore from WaterCredit Investment Fund 3CreditAccess raised the fund in rupee-denominated bonds at 9.7 percent annual rate. The fund is raised for three years. Managing director U...
CreditAccess Grameen to infuse Rs 250 crore in subsidiary Madura Micro Finance"This is a precautionary measure. We want to ensure that Madura has adequate growth capital till it is merged with us," CreditAccess Gramee...
Microfinance firm CreditAccess Grameen net profit surges 83% to Rs 65 crore in Q4The spread of the second wave of Covid-19 pandemic has created challenges for every business. "We are anticipating the collections to witne...
'New Bengaluru’ may actually be oldest part of the IT cityDoddakannali houses one of the earliest inscription stones dated 890 AD.
Sister duo build fictional stories from inscription stones dating back to Karnataka's Ganga dynastyThey have spent hours thinking of story plot points based on inscriptions found on 750CE Hebbal-Kittayya.
Capital raised is sufficient for 18-24 months: Udaya Kumar, CreditAccess Grameen"In last five years, our portfolio grew 55% of CAGR. Our ROA has been close to 3.5% to 4% continuously”
Grameen Koota to write off 3-5 per cent of loansAll micro lenders are expected to face asset quality stress in varying degree, estimated to be between 1 and 10% of loans, although their c...
Grameen Koota gets Rs 250 crore capital from CreditAccess AsiaGrameen Koota managing director Udaya Kumar told ET that it received Rs 50cr in form of fresh equity and the balance Rs 200cr in the form o...
Serial Entrepreneur Sets His Eyes on Home Healthcare ServicesK Ganesh is starting a new business that will use technology to deliver healthcare services direct to homes across the globe.
10 and 1,000 rupee notes to sport symbol soonRBI officials said though coins had begun sporting the logo, it is for the first time that it would be used on currency notes.
- When will Rupee Symbol be on my computer?
Vendors say they will roll out the symbol as soon the Bureau of Indian Standards (BIS) sets the guidelines, since it takes only a minor sof...
Rupee gets designer touch; India is now part of an elite clubWith the selection of a new symbol to represent its currency, India is now part of an elite club. Experts are divided on the impact of the ...
D Udaya Kumar: The man who design the rupee symbolD Udaya Kumar joins IIT Guwahati as a faculty member in the Department of Design.
- Rupee symbol creator honoured at being part of India's history
The 31-year-old IIT-B post graduate in industrial design who gave the Indian rupee its unique symbol felt gratified and elated on the marve...