Shares of CreditAccess Grameen dropped 5.1% after Goldman Sachs maintained a ‘sell’ rating, citing liquidity pressures and increasing delinquencies, with a target price of Rs 577 per share.

Shares of Microfinance player CreditAccess Grameen Ltd. are expected to see further downside of another 40%, brokerage firm Goldman Sachs wrote in a note on Wednesday, January 15. The brokerage ...

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 ...

Jameel Motors has appointed Inchcape executive Tom Carney as its first managing director in the UK. Carney was most recently commercial and retail operations director at Inchcape and takes up his new ...

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 ...

It has been announced that Aajeevika Grameen Express Yojana will be implemented in 250 Blocks in the country on a pilot basis with each block provided up to 6 vehicles to operate the transport ...

Grameenphone has partnered with popular local brand Khana's to make weekends more delightful with the launch of the Fantastic Friday initiative, starting January 10, 2025. This flagship campaign aims ...

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 ...

Governor of the State Bank of Pakistan (SBP) Jameel Ahmad announced that Pakistan’s economic growth will surpass 3% in the current fiscal year, with projections indicating further acceleration ...

A massive ownership structure change has been proposed for Nobel Prize-winning microfinance institution Grameen Bank. According to a draft ordinance recently published on the Financial Institutions ...

Shares of CreditAccess Grameen Ltd. and Spandana Sphoorty Ltd. are trading with gains between 11% to 15% on Wednesday, January 8. This is the second day of gains for Spandana Sphoorty, having gained ...