Schroders increased its stake in CreditAccess Grameen Limited from 1.67% to 1.91% by purchasing 378,694 shares, with the total holding now at 3,060,407 shares.
A non-deposit accepting microfinance institution registered with the RBI, CreditAccess Grameen Limited provides financial services primarily to women organized in Joint Liability Groups across India. The company offers microfinance loans alongside other financial products through its extensive distribution network. It focuses on serving underbanked and unbanked populations in rural and semi-urban areas, enabling financial inclusion and economic empowerment.
London-based global active asset manager with India exposure through its emerging market and India-focused strategies.
