Eastspring Investments bought 645,500 shares of CreditAccess Grameen for ₹95.66 Cr at ₹1482.00 apiece in a block deal. CreditAccess Grameen's share price was ₹1547.00 on the day of the trade.
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.
Asian asset management arm of Prudential plc, headquartered in Singapore. Runs multiple India strategies.
