CreditAccess Grameen sees August disbursements jump to pre-pandemic levels
Asset quality improved with a drop in standalone Portfolio at Risk – 30 days to 11% in August from 12.9% in July. PAR was at 13.8% in June
MUMBAI: The largest non-bank microfinance institution, CreditAccess Grameen Ltd (CA Grameen), reported a 200% year-on-year jump in disbursements to Rs1,188 crore in August, returning to pre-pandemic levels. Disbursements in August grew 7.3% sequentially from Rs1,107 crore in July.