CreditAccess Grameen Limited

CreditAccess Grameen Limited is a major microfinance institution in India headquartered in Bengaluru, Karnataka. Operating primarily as a non-banking financial company microfinance institution (NBFC-MFI), the organization focuses on delivering financial inclusion solutions to underserved and low-income households, particularly women borrowers in rural and semi-urban regions. Its core product suite includes joint liability group microloans, individual business loans, and family welfare credit products designed to support income-generating activities. The institution commenced operations following the acquisition of Grameen Koota in 2008, expanding its network across multiple Indian states. Over the years, the company established a broad operational footprint spanning South, West, and Central India. Driven by a joint liability group lending framework, CreditAccess Grameen emphasizes localized customer relationship management, field-level risk assessment, and continuous financial literacy initiatives to foster sustainable credit discipline among member groups. With strong institutional backing from CreditAccess Asia N.V., the business has built robust liquidity management, diverse funding channels, and digital collections infrastructure. The company focuses on risk management, high asset quality, and customer retention strategies while broadening access to formal financial systems. Through systematic expansion into contiguous rural districts, CreditAccess Grameen has positioned itself as one of the largest specialized microfinance platforms in the Indian financial sector.

CreditAccess Grameen raised 339.36 crore rupees by allocating 80,41,617 equity shares to 21 institutional anchor investors at 422 rupees per share, with key participants including Neuberger Berman Emerging Markets Equity Fund, Eastspring Investments, Pictet, ICICI Prudential Mutual Fund, and Sundaram Mutual Fund.