CreditAccess Grameen MD Udaya Kumar Hebbar Steps Down

Udaya Kumar Hebbar ceased to be the managing director ofCreditAccess Grameen Ltd. at the close of business on Wednesday, following the completion of his term, the company said in an exchange filing on Thursday.

Hebbar will continue on the board as a non-executive director from Thursday, as announced earlier on June 18. Ganesh Narayanan has been appointed interim chief executive officer and managing director, pending approval from the Reserve Bank of India.