CreditAccess Grameen Limited
Edelweiss Mutual Fund increased its stake in CreditAccess Grameen from 1.31% to 1.85%, raising its shareholding from 2,097,457 to 2,962,622 shares. The value of this increased holding is ₹43.68 Cr at ₹1478.50 apiece.
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.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.