Business

Disbursements Return to Pre-Covid Levels: Creditaccess Grameen


CreditAccess Grameen recorded significant disbursements in the second quarter. Udaya Kumar Hebbar, chief executive and CEO of the company, said pent-up demand for business expansions, purchasing new materials and renewing business was good.

He said they opened around 142 branches in the first four months, which helped increase customer acquisition. They have managed to acquire 2 lakhs of clients in the past four months, Hebbar said in an interview with CNBC-TV18.

Disbursements for the company are more or equal to pre-COVID levels, Hebbar said, adding that the size of the ticket has not changed.

Watch the video for the full interview with management


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button