Business Update7 Oct 2025, 11:54 am
CreditAccess Grameen Ltd Reports Improved Business Momentum and Stabilizing Asset Quality in Interim Update for September 2025
AI Summary
CreditAccess Grameen Ltd has released its interim business update for September 2025. The company reported improved business momentum with disbursements growing by approximately 33% YoY in Q2 FY26 and 27% YoY in H1 FY26. Despite the seasonally weaker Q2, the company opened 150 new branches and added 4.4 lakh new borrowers in H1 FY26. The PAR 15+ accretion rate was range-bound due to the temporary impact of heavy rains/floods but is expected to improve over the coming months. The company's employee base increased from 21,333 in Jun-25 to 21,701 in Sep-25.
Key Highlights
- Improved business momentum with disbursements growing by approximately 33% YoY in Q2 FY26 and 27% YoY in H1 FY26
- 150 new branches opened in H1 FY26, including 96 branches in Q2 FY26
- Added 4.4 lakh new borrowers in H1 FY26
- PAR 15+ accretion rate expected to improve over the coming months
- Employee base increased from 21,333 in Jun-25 to 21,701 in Sep-25