CreditAccess Grameen: Karnataka Emerges As Top State With Improved Asset Quality
CreditAccess Grameen Limited demonstrates strong operational performance with Karnataka emerging as a top-performing state showing improved asset quality trends. The company maintains 99.71% X-Bucket Collection Efficiency and achieves 26% month-on-month disbursement growth alongside continued expansion with 165 new branches and 6.5 lakh new borrowers.
*this image is generated using AI for illustrative purposes only.
CreditAccess Grameen Limited has demonstrated strong operational performance with improved asset quality metrics and robust disbursement growth. The microfinance institution continues to show positive momentum across key performance indicators while maintaining its expansion trajectory, with Karnataka emerging as one of its top-performing states.
Karnataka State Performance Leadership
Karnataka has become one of the top-performing states for CreditAccess Grameen Limited, showing significant improvement in asset quality trends from earlier periods. This state-level performance enhancement reflects the company's effective regional management strategies and improved operational execution in key markets.
| Parameter: | Performance Status |
|---|---|
| State Performance: | Top-performing |
| Asset Quality Trend: | Improved from earlier times |
| Regional Impact: | Enhanced operational effectiveness |
Asset Quality Improvement
The company achieved significant improvement in its asset quality metrics, with X-Bucket Collection Efficiency reaching 99.71% in December. This high collection efficiency rate indicates strong recovery performance and effective collection mechanisms across the company's loan portfolio.
| Parameter: | Performance |
|---|---|
| X-Bucket Collection Efficiency: | 99.71% |
| Reporting Period: | December |
| Performance Indicator: | Asset Quality |
Disbursement Growth
CreditAccess Grameen Limited reported a substantial 26.00% month-on-month increase in disbursements, reflecting strong business momentum and effective loan origination capabilities. This growth in disbursements demonstrates the company's ability to maintain robust lending operations while ensuring quality asset creation.
| Metric: | Growth Rate |
|---|---|
| Disbursement Growth: | 26.00% MoM |
| Growth Type: | Month-on-Month |
| Business Impact: | Enhanced lending operations |
Operational Expansion Context
These performance improvements come alongside the company's continued expansion efforts, having opened 165 new branches during the nine-month period and added 6.50 lakh new borrowers. The combination of strong asset quality metrics, robust disbursement growth, Karnataka's top-state performance, and sustained expansion indicates effective operational management and strategic execution across the organization's key business parameters.
20
