CreditAccess Grameen gets more suitors

HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the owner, is looking to sell its majority stake. This move aims to provide an exit for patient investors. The microfinance market is showing signs of recovery. CreditAccess Grameen is financially strong and poised for growth.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/IoaUfXA
via IFTTT

Comments

Popular posts from this blog

RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank