CreditAccess Grameen’s assets under management (AUM) grew 27% Year-on-Year (YoY) to Rs 21,032 crore for the quarter ended March 2023 (Q4FY23) as compared to Rs 16,599 crore in Q4FY22. Disbursements increased to Rs 7,171 crore from Rs 5,792 crore in Q4FY22, registering a growth of 24%. On a sequential basis, disbursements rose 48% from Rs 4,847 crore in Q3FY23. For the full fiscal 2022-23, disbursements climbed 20% to Rs 18,539 crore from Rs 15,466 crore in FY22.
The number of customers stood at 43.1 lakh in Q4FY23, as against 38.2 lakh in the corresponding period of the previous fiscal, up 13%. The company’s branch count marked higher by 9% to 1,782 from 1,635 in the year-ago period.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
Company Name | CMP |
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Bajaj Finance | 6702.50 |
Shriram Finance | 2352.85 |
Aditya Birla Capital | 223.85 |
SBI Cards AndPayment | 692.15 |
Chola Invest & Fin. | 1238.00 |
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