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CreditAccess Grameen wins 'Micro Finance Organisation of the Year' award

Posted On: 2021-01-21 00:43:30 (Time Zone: Arizona, USA)

CreditAccess Grameen Limited, India's leading NBFC-MFI was awarded the 'Micro Finance Organization of the Year' award at the 12th Inclusive Finance India Awards Presentation Ceremony held on 21st January, 2021 at Le Meridian in New Delhi. On behalf of the company, Mr. Ganesh Narayanan, Chief Business Officer, Mr. Gururaj K S Rao, Chief Audit Officer, and Mr. Gopal Reddy, Business Head - Group Lending of CreditAccess Grameen Limited received the award presented by Shri Anurag Thakur, Hon'ble MoS for Finance and Corporate Affairs, GoI. The Company has won this prestigious recognition for the second time in a row.

The Inclusive Finance India Awards is an initiative of ACCESS institutionalised in partnership with HSBC India. It continuously realigns itself to bring different models and institutions contributing to financial inclusion goals under one umbrella.

Mr. Udaya Kumar Hebbar, MD & CEO, CreditAccess Grameen Limited said, "I would like to express my gratitude towards ACCESS and HSBC to honour CreditAccess Grameen with the prestigious 'The Micro Finance Organisation of the Year' award. I am delighted that our commitment towards providing financial inclusion to our customers and to help them build a sustainable life is being recognised by the highest of the honours in the sector."

While receiving the award, Mr. Ganesh Narayanan, Chief Business Officer, CreditAccess Grameen Limited, said, "I am thankful to Inclusive Finance India Awards 2020 for this honour. I dedicate this prestigious award to our employees and customers who have supported us throughout our journey. This is a recognition to their dedication and excellence that makes the CA Grameen family stronger and more resilient with every passing year. We will continue to work on everything our customers need to create a better future for themselves, their families and their communities."

The Awards aim to celebrate the deserving institutions' efforts that have tirelessly worked towards promoting financial inclusion goals and encouraging them to continue enhancing outreach to low-income households by acknowledging their painstaking endeavours.

Shares of CreditAccess Grameen Ltd was last trading in BSE at Rs.751 as compared to the previous close of Rs. 750.6. The total number of shares traded during the day was 7690 in over 1098 trades.

The stock hit an intraday high of Rs. 761 and intraday low of 735.05. The net turnover during the day was Rs. 5713886.

Source: Equity Bulls

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