Bengaluru, February 01, 2019: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770), country’s second largest microfinance NBFC, today announces its unaudited financial performance for the Quarter ended December 31, 2018.
Performance Highlights for the Quarter ended December 31, 2018:
Commenting on the performance, Mr. Udaya Kumar Hebbar, Managing Director and CEO of CreditAccess Grameen, said, “The largely untapped market of rural India and huge potential of development provides us exponential growth opportunity and our performance in Q3 FY19 testifies the same. CreditAccess Grameen is on sustained growth path with our borrower base growing by 36.6% to 22.61 lakhs. Penetrating deeper in the rural market, we are now accessible to 156 districts with 659 branches, estimated to serve more than 26 lakh people in and around the area. Going forward, we aim to end this financial year with the same growth momentum and continue to serve rural India with best of our potential.
Corporate Comm India(CCI Newswire)
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