CreditAccess Grameen Reports Seven-Fold Profit Surge in Q4
Record-Breaking Quarterly Performance CreditAccess Grameen Ltd, a prominent microfinance institution, announced a massive seven-fold increase in net profit for the fourth quarter of the fiscal year, driven by a 14% expansion in its Assets Under Management (AUM) and a 20% rise in Net Interest Income (NII). The company reported a profit before tax of ₹445.0…