Confident of being out of the woods from FY26

Company

13 Mar 2025 | 5 Min Read

CreditAccess Grameen (CREDAG) met with senior leadership team in Bangalore.

Acknowledged challenges in Karnataka microfinance sector but noted decreased police action.

Expects normalcy to be restored from 2QFY26 onwards.

Customer acquisition rate has increased, targeting 100,000 customers per month.

Focused on field due diligence, controlling credit costs, and overleveraging problem.

CREDAG anticipates a return to more stable figures by the second quarter.