CreditAccess Grameen posts highest Q1 disbursements in Q1FY27

credit access grameen reported its highest ever first-quarter disbursements in Q1FY27, driven by strong business momentum and an expanded branch network. The microfinance lender achieved gross loan portfolio (GLP) growth of 16.4% year-on-year to ₹30,319 crore, while disbursements increased 11.9% to ₹6,107 crore. The company added 25 lakh borrowers during the quarter, expanding its total branch network by 7.7% to 2,276 branches as of June 2026.

Q1 FY27 Performance

The operational performance for the quarter ended June 2026 shows consistent growth across key metrics. The GLP rose from ₹26,055 crore in June 2025 to ₹30,319 crore in June 2026. The share of rural finance (RF) in the portfolio increased to 21% in June 2026, up from 7% in the same period last year.

Metric	Q1 FY26	Q4 FY26	Q1 FY27	YoY %
GLP (INR Cr)	26,055	29,590	30,319	16.4%
Disbursements (INR Cr)	5,458	8,313	6,107	11.9%
Borrower Additions (Lakh)	2.2	3.3	2.5	17.5%
Branch Network	2,114	2,236	2,276	7.7%

Asset Quality Improves

Asset quality metrics improved significantly in June 2026 compared to March 2026. The PAR 0+ ratio declined to 2.2% from 3.0%, while PAR 90+ improved to 1.5% from 2.3%. This improvement was consistent across top states including Karnataka, Maharashtra, and Tamil Nadu.

PAR Buckets	Mar-26	Jun-26
PAR 0+ %	3.0%	2.2%
PAR 30+ %	2.7%	1.9%
PAR 60+ %	2.5%	1.6%
PAR 90+ %	2.3%	1.5%

The monthly PAR 15+ accretion trended lower, reaching 0.16% in June 2026, down from 0.46% in June 2025. The collection efficiency for June 2026 stood at 99.68%.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.91%	+6.50%	+18.40%	+20.94%	+22.80%	+116.17%

CreditAccess Grameen Limited held its 35th Annual General Meeting (AGM) on July 03, 2026, through video-conferencing to transact ordinary business including the adoption of financial statements and the appointment of key statutory auditors. A total of 76 members representing 10,65,97,886 shares participated in the proceedings, which commenced at 3:00 P.M. (IST). The meeting was conducted in compliance with the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI) circulars.

Key Resolutions Passed

The shareholders transacted three ordinary businesses during the meeting as outlined in the notice dated May 08, 2026. The resolutions included the adoption of the Annual Financial Statements for the previous financial year and the appointment of a director liable to retire by rotation.

Sr. No.	Description of Resolution	Type of Resolution
1	Adoption of Annual Financial Statements	Ordinary Resolution
2	Appointment of Mr. Massimo Vita (DIN: 07863194) as a Director who is liable to retire by rotation	Ordinary Resolution
3	Appointment of M/s Sundaram & Srinivasan, Chartered Accountants as one of the Joint Statutory Auditors of the Company	Ordinary Resolution

Attendance and Leadership

Mr. Paolo Brichetti, Vice-Chairman & Non-Executive Director, was unanimously elected to chair the meeting in the absence of the Chairman of the Board. The Board of Directors and Key Managerial Personnel were present from various locations, including Bangalore, Italy, Pune, and Miami.

Name	Designation	Location
Mr. Paolo Brichetti	Vice – Chairman & Non-Executive Director	Italy
Ms. Lilian Jessie Paul	Independent Director & Chairperson of SRCSC and NRC	Bangalore
Ms. Rekha Warriar	Independent Director & Chairperson of Audit Committee	Pune
Mr. Massimo Vita	Non-Executive Director	Miami
Mr. Udaya Kumar Hebbar	Non-Executive Director	Bangalore
Mr. Ganesh Narayanan	Managing Director and CEO	Bangalore
Mr. Gururaj Rao	Chief Operating Officer	Bangalore
Mr. Nilesh Dalvi	Chief Financial Officer	Bangalore
Ms. Deepti Ramani	Company Secretary & Compliance Officer	Bangalore

Statutory Auditors and Scrutinizers

Representatives from M/s. Varma & Varma and M/s. Walker Chandiok & Co LLP, the Joint Statutory Auditors, were present. Mr. Rajiv Balakrishnan, Director of Beyond Compliance Corporate Services Private Limited, served as the Scrutinizer for the remote e-voting and voting process at the AGM. The voting results will be submitted to the stock exchanges within two working days from the conclusion of the AGM.