CreditAccess Grameen Ltd
NSE: CREDITACC BSE: 541770
₹1301.20
(2.66%)
Tue, 13 Oct 2026, 06:46 am
Market Cap (in Cr)20324.81
PE Ratio17.29
Dividend0
Finance
Finance/Rental/Leasing
24.5KCompany History
1991
- The Company was incorporated as Sanni Collection Private Limited
1998
- The Company obtained NBFC registration
2007
- The entire shareholding of SCPL was acquired by certain trustees of T Muniswamappa Trust
- The microfinance business being operated under TMT including all associated assets liabilities goodwill receivables loan assets intellectual property and the brand name Grameen Koota was transferred to SCPL
2008
- The Company launched Mifos software in all branches
- The Company commenced operations in Maharashtra
- A fresh certificate of incorporation consequent upon change of name was issued to the Company by the Registrar of Companies West Bengal on March 14 2008
2009
- The Reserve Bank of India granted a certificate of registration dated July 28 2009 reflecting the change of name
2010
- The Company raised Rs 576 million through securitisation
2011
- The Company commenced integration with Credit Bureau for credit decisions
- The Company commenced multi-product strategy
2012
- The RBI granted a fresh certificate of registration dated February 6 2012 for registration as an NBFC under Section 45 IA of the Reserve Bank of India Act 1934
2013
- The Company was granted NBFC MFI license with effect from September 5 2013
2014
- CAA acquired a majority stake in the Company
2015
- The Company commenced operations in Madhya Pradesh and Chhattisgarh
- The Company established seven regional processing centres across the Companys operational geographies
- The Company launched a core banking IT solution T24
- The Company was awarded the Microfinance India Award 2015 for Microfinance Organisation of the Year large by Access and HSBC
- The Company was awarded the Smart Campaign Client Protection Certification by the Smart Campaign
2016
- The Company introduced business loans facilities as part of the Retail Finance division of the Company
- The Company was awarded the COCA 1 Very High Level of Adherence awarded by Smera Ratings Limited
2017
- Grameen Koota received the SKOCH Resilient India Award 2017
- The Company was awarded the Skoch Award Resilient India Award 2017 for Sanitation Loan by the Skoch Group
- The Company was awarded the Skoch Order of Merit for Sanitation Loan by the Skoch Group
- The Company was awarded the Skoch Order of Merit for Micro-Credit by the Skoch Group
- The Company was awarded the ISC FICCI Sanitation Award Best Financial Accessibility for Sanitation by the FICCI
- The Company was assigned a MFI grading of mfR1 by CRISIL Limited
- The Company was rated as ICRA A for Rs 2013 07 crores bank limits by ICRA Limited
- The Company was rated as ICRA A for Rs 887 crore NCD Programme of the Company by ICRA Limited
- The Company was rated as ICRA A1 for Rs 220 million crore Subordinated Debt Programme of the Company by ICRA Limited
- The Company was rated as ICRA A1 for Rs 200 Commercial Programme of the Company by ICRA Limited
2018
- CreditAccess Grameen acquired Madura Micro Finance Limited
- ICRA Limited changed the outlook rating from stable to positive
- The Company was rated as ICRA A for Rs 2013 27 crore credit limits by ICRA Limited
- The Company was rated as ICRA A1 for Rs 200 crore Commercial Paper Programme of the Company by ICRA Limited
- The Company was rated as ICRA A for Rs 887 crore NCD Programme of the Company by ICRA Limited
- The Company was rated as ICRA A for Rs 22 crore Subordinated Debt Programme of the Company by ICRA Limited
2019
- CreditAccess Grameen won the CNBC-AWAAZ CEO Awards 2019
- CreditAccess Grameen expanded its footprint in five new states
- CreditAccess Grameen was adjudged as Winner in the Best NBFC category
- CreditAccess Grameen won the Micro Finance Organization of the Year Award 2019
2020
- CreditAccess Grameen won the Silver Stevie Award for excellence in Innovation in Financial Industries
- Grameen won the Inclusive Finance Award 2019
- CreditAccess Grameen maintained a Good liquidity position amid lockdown
- CreditAccess Grameen hiked stake in Madura Micro Finance
2021
- CreditAccess Grameen won the Micro Finance Organization of the Year Award 2020
2022
- CreditAccess Grameen Limited was awarded Gold Level in Client Protection Principle Certification
- CreditAccess Grameen Limited won the Gold Shield Award for Integrated Reporting by the Institute of Chartered Accountants of India
2023
- CreditAccess Grameen won Microfinance Organisation of the Year Award 2023
- The Company was awarded the Breaking Ground in WASH Financing award at the 19th Inclusive Finance India Summit
- Scheme of Amalgamation between the Company and Madura Micro Finance Limited
2024
- Credit Access Grameen was conferred Best Small NBFC 2023 at Mint BFSI Summit & Awards
