About
Basic Data Updated:
25 days agoCreditaccess Grameen Limited, previously known as Grameen Koota Financial Services Private Limited, is a registered NGO based in Bangalore. According to its credit rating report, the company has been providing microfinance services since 2007. The microfinance operations were later transferred into a non-banking financial company (NBFC). CAGL specializes in providing collateral-free micro-loans to women from low-income households through the joint liability group (JLG) model. Additionally, the company also offers retail finance products to cater to the changing needs of its current customers.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Financials of Creditaccess Grameen Limited
Creditaccess Grameen Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.97% increase. The company also saw a substantial improvement in profitability, with a 116.16% increase in profit. The company's net worth Soared by an impressive increase of 29.62%.
Corporate Structure
Unlock access to Creditaccess Grameen's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Creditaccess Grameen Limited
Unlock and access historical data on people associated with Creditaccess Grameen, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
Mahadev Prakash
Company SecretaryAppointment Date: 22-Jan-2020
Status: Current
UH
Udaya Hebbar Managing DirectorAppointment Date: 15-Jul-2015
Status: Current
GN
Ganesh Narayanan CEOAppointment Date: 01-Aug-2023
Status: Current
SK
Sadananda Kamath CFOAppointment Date: 07-Nov-2020
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Mar 2024 | ₹250.00 Cr | Open |
Others Creation Date: 26 Mar 2024 | ₹49.00 Cr | Open |
Others Creation Date: 21 Mar 2024 | ₹25.50 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Creditaccess Grameen, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Creditaccess Grameen's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
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Related Corporates (Common Directorship)
Paul Writer Strategic Services Private Limited
Active
14 years 3 months Lilian Paul is a mutual person
Recent activity within the organization
Charges
A charge registered on 15 Mar 2021 via Charge ID 100423625 with Others was fully satisfied on 03 Apr 2024.
03 Apr 2024Charges
A charge with Others amounted to Rs. 250.00 cr with Charge ID 100889447 was registered on 28 Mar 2024.
28 Mar 2024Charges
A charge registered on 25 Feb 2022 via Charge ID 100546763 with Others was fully satisfied on 28 Mar 2024.
28 Mar 2024Charges
A charge with Others amounted to Rs. 49.00 cr with Charge ID 100898319 was registered on 26 Mar 2024.
26 Mar 2024Charges
A charge registered on 13 Aug 2021 via Charge ID 100475964 with Others was fully satisfied on 26 Mar 2024.
26 Mar 2024
Recent News, Updates & Announcement
CreditAccess achieves success with increased borrowers and stable assets.Verve times 26 Dec 2023
- Creditaccess Grameen Q2 FY24 results profit rise by 10173 YOY Mint.
Creditaccess Grameen Q2 FY24 results Revenue increased by 5458 YoY profit increased by 10173 YoY.
mint 22 Oct 2023
- CreditAccess Grameen secures Rs 990cr through NCD public issue.
Business News Today 12 Sep 2023
- CreditAccess Grameen Reports 86 Rise in Profits Expects Continued Growth and Strong Margins.
CreditAccess Grameens profits go brrrrrrr Net profit up 86 thanks to more customers and better loans Gross loan portfolio grows by 27 and NPA ratio improves Managing director expects more growth and good margins NBFCMFI is big in 14 states with 1786 branches.
Economic Times 16 May 2023
Frequently asked questions
What is the Incorporation or founding date of Creditaccess Grameen Limited?
