CreditAccess Grameen Loan Book Flat In April-June As Write-Offs Weigh On Growth

By BasisPoint Insight

July 4, 2025 at 1:16 PM IST

CreditAccess Grameen Ltd.'s loan book rose just 0.4% sequentially to ₹260.55 billion as of June 30, as loan write-offs of ₹6.93 billion in the June quarter sharply limited growth, the microfinance lender said in a filing Thursday.

The company had originally expected a 3.1% sequential increase. Management said the April–June quarter marked a strong start to 2025-26, with record first-quarter disbursements and healthy business momentum. It also added 200,000 new customers during the quarter.