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BW Businessworld
|November 16, 2024
Credit Access Grameen (CA Grameen) is an Indian microfinance institution, headquartered in Bengaluru, which serves customers predominantly in rural areas
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UDAYA KUMAR HEBBAR, MD & CEO, Credit Access Grameen
CA Grameen was established in 1999 by Vinatha M. Reddy. In August 2018, the company was listed on National Stock Exchange and Bombay Stock Exchange with a Rs 1,131 crore IPO.
The company is now operating across 398 districts in 16 states and one Union Territory through 2,031 branches. The company's promoter is CreditAccess India B.V., a multinational company specialising in micro and small enterprise financing. It is backed by institutional investors and has a micro-lending experience in India of more than a decade.
Udaya Kumar Hebbar, Managing Director, CA Grameen, is a microfinance industry veteran who established that inclusive finance could succeed with a market-based model. He has been the architect behind the transformational journey of building the CA Grameen brand as the leading microfinance institution in India.
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