CreditAccess Grameen Limited, India's leading NBFC-MFI has been awarded as the 'Microfinance Organization of the Year' at the prestigious 16th Inclusive Finance India Awards 2019 held in New Delhi. Dr. Krishnamurthy Subramanian, Chief Economic Advisor, Government of India and Mr. Surendra Rosha, Chief Executive officer, HSBC India presented the award on the inaugural day of Inclusive Finance India Summit to the MD & CEO, Mr. Udaya Kumar Hebbar.
The Awards is an endeavor in recognizing and honoring individuals and institutions that have indefatigably worked towards promoting sector goals of financial inclusion and in supporting growth.
Speaking on the occasion, Mr. Udaya Kumar Hebbar, MD & CEO, CreditAccess Grameen Ltd. said, "We express our sincere appreciation and gratitude to HSBC and ACCESS for conferring this prestigious award of the industry to CreditAccess Grameen Ltd. I dedicate this award to the strong and continuous support from our customers and employees, especially those who serve in the grassroot levels every day. The unstinted support from our Board of Directors, Management Team, Lenders and Regulators have helped us in shaping the company. It is a matter of great pride that our commitment to customers and our commitment to financial inclusion are being recognized."
The Inclusive Finance India Awards, an initiative of ACCESS institutionalized in partnership with HSBC India. The inspiration behind Inclusive Finance India Awards was to institute a mechanism to recognize the larger contribution of several thought leaders, practitioners, policy makers, promoters and researchers to this sector.
Shares of CreditAccess Grameen Ltd was last trading in BSE at Rs.811 as compared to the previous close of Rs. 804.05. The total number of shares traded during the day was 3872 in over 400 trades.
The stock hit an intraday high of Rs. 821.6 and intraday low of 807.4. The net turnover during the day was Rs. 3151865.