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UDAYA KUMAR HEBBAR
CreditAccess looks for a partner to let some investors exitCreditAccess India BV is looking for new investors. This move aims to provide an exit for long-term shareholders in its microfinance lender...- CreditAccess Grameen announces succession plan, net profit at Rs 47 croreMicrofinance lender CreditAccess Grameen has swung back to black with its fourth quarter net profit being at Rs 47.2 crore as against a Rs ...
- CreditAccess Grameen Q3 Results: Company incurs Rs 100 crore loss on asset quality stress in microfinanceCreditAccess Grameen Q3 Results: CreditAccess Grameen reported a Q3FY25 net loss of ₹100 crore, compared to a ₹353 crore profit last year, ...
- CreditAccess Grameen Q3 Results: Net profit soars 64% YoY to Rs 353 croreNet profit was Rs 216 crore in the year-ago period. Its net interest income rose 42% at Rs 802 crore while total income increased by 42.4% ...
- CreditAccess Grameen Q2 Results: Net profit surges 98% YoY to Rs 347 crore“We continue to witness robust business growth led by healthy new customer additions as we onboarded 3.36 lakh new customers in the second ...
- Credit Access Grameen raises Rs 990 crore via selling NCDsThe lender had announced Rs 400 crore as the base issue size with an option to retain oversubscription up to Rs 600 crore.
- CreditAccess Grameen Q1 Results: PAT rises 2.5 fold YoY at Rs 349 croreNet interest margin for the quarter improved to 13% from 11.1% in the year ago period. Net interest income rose by 65.4% year-on-year at Rs...
- 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 Q3 net profit surges 85% YoY to Rs 217 cr in highest-ever quarterly profitIts net interest income rose by 38% at Rs 567 crore. Total income grew by 32% at Rs 910 crore. Impairment of financial instruments dipped b...
- CreditAccess Grameen Q2 Results: Cons net profit zooms 195% to Rs 176 crNet interest income rises about 40% to Rs 516 crore in the quarter
- 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 Q3 results: Co posts net profit at Rs 117 croreThe country's largest NBFC-MFI grew its business by 18.4 per cent year-on-year to Rs 14,587 crore while collection efficiency stood at 95 p...
- 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...
- CreditAccess Grameen gets into expansion mode“Time has come to take a position for the future,” managing director Udaya Kumar Hebbar told ET in an interview. “How long can we hold back...
- CreditAccess Grameen raises $25 mn ECB from Swedfund InternationalThe first tranche of $15 million had already been disbursed. This is the first foreign currency ECB for India's largest NBFC-MFI by gross l...
- 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...
- CreditAccess Grameen faces repayment trouble in coastal KarnatakaIndia's largest microfinance firm CreditAccess Grameen has reported 8% rise in net profit for the December quarter at Rs 108 crore over Rs ...
- CreditAccess Grameen reports Rs 96 crore profit in Q1The MFI has further expanded its presence in Rajasthan and Gujarat in July.
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