For the third quarter ending December 31, 2024, the microfinance lender reported a net loss of Rs 99.5 crore on Friday. Early risk recognition, cautious provisioning, and accelerated write-offs ...

founder of Grameen Foundation USA, was officially launched on Saturday (January 11). The event was organised by the book's publisher, The University Press Limited (UPL), at their central office ...

Grameen Bank is set to get a fresh lease of life as the government plans to reduce its stake to 5 percent from the existing 25 percent. Earlier in 2013, the parliament passed the Grameen Bank Act ...

Grameen Bank, the Nobel prize-winning microfinance institution, is poised for a significant shift in its ownership and governance structure. Under a new proposal, the government’s stake in the ...

The universe includes (sorted large to small by size of MFI AUM) L&T Finance, CreditAccess Grameen (CAG), Muthoot Microfin, Fusion Finance (Fusion), IIFL Finance (IIFL), Manappuram Finance ...

The brokerage maintained its sell call on CreditAccess Grameen, indicating a further downside of 40 percent with a target price of Rs 577 per share. From its 52-week high of Rs 1,736 ...

For the first time in almost 20 years, Walmart has a new logo. The international retailer describes it as a “a comprehensive brand refresh,” but the online world hasn’t been quite so kind to ...

CreditAccess Grameen’s net interest income rose 7.4% YoY in Q3 to Rs 861.7 crore, while assets under management grew 6% to Rs 24,810 crore as of December. The borrower base increased 2.4% to 48 lakh.

Two seats on Apple's Board of Directors will soon become vacant: One member of the Board of Directors is reaching the age ...

Finance Minister Nirmala Sitharaman Saturday announced Grameen Credit Score, a framework to be developed by the public sector banks for the credit needs of the members of Self Help Groups (SHGs) and ...

Tesla has opened up Cybertruck leases in the US, and it is now offering free wraps, worth $6,000, on Foundation Series Cybertrucks, which Tesla is still stuck with. The Cybertruck wasn’t mention ...