Monthly Update6 April 2026 at 12:11 pm
CreditAccess Grameen Ltd. Reports Strong Interim Business Update for March 2026
AI Summary
CreditAccess Grameen Ltd. has reported an interim business update for March 2026, highlighting strong growth and complete normalization of asset quality across all geographies. The company's GLP grew by 14% YoY, disbursements increased by 24% YoY, and 9.8 lakh new borrowers were added in FY26. Mahi (digital customer app) saw 8.4 lakh customers onboarded during FY26, and retail finance share increased to 18% in Mar-26. The company also opened 183 new branches in FY26 and maintained a steady employee base. PAR buckets exhibited a meaningful improvement QoQ led by lower new PAR accretion.
Key Highlights
- GLP growth of 14% YoY in FY26, in line with the annual growth guidance
- Disbursements of INR 24,860 Cr in FY26, up 24% YoY
- 9.8 lakh new borrowers added in FY26, including 3.3 lakh in Q4 FY26
- Mahi (digital customer app) saw 8.4 lakh customers onboarded during FY26
- PAR buckets exhibited a meaningful improvement QoQ led by lower new PAR accretion