CreditAccess Grameen reported a fourfold rise in Q2 net profit to Rs 502 crore, driven by higher income, lower expenses and credit costs. Improved asset quality prompted upward revisions to profitability guidance, while assets under management grew 19.5%.
CreditAccess Grameen reported a fourfold rise in Q2 net profit to Rs 502 crore, driven by higher income, lower expenses and credit costs. Improved asset quality prompted upward revisions to profitability guidance, while assets under management grew 19.5%.
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