CreditAccess Grameen has shared its interim business update for March 2025, highlighting continued growth in loan disbursement and stabilizing asset quality across key geographies.
As of March 2025, the company’s Gross Loan Portfolio (GLP) stood at Rs 25,948 crore, marking a rise from Rs 24,810 crore in December 2024. Karnataka contributed Rs 8,068 crore, while other states accounted for Rs 17,879 crore.
During the fourth quarter of FY25, CreditAccess Grameen added over 2.5 lakh new borrowers. Despite some elevated delinquency trends in Karnataka, the company witnessed declining PAR (Portfolio at Risk) accretion across other regions. Notably, the X bucket collection efficiency (excluding Karnataka) surpassed 99.6% in March. In Karnataka, the same metric improved from 96.9% in February to 98.5% in March, reaching nearly 99% by month-end.
The overall PAR 0+ increased slightly to 6.9% in March from 6.8% in December. However, excluding Karnataka, it saw an improvement from 8.0% to 6.1%. The PAR 90+ level rose from 2.6% to 3.3%, while PAR 60+ and PAR 30+ showed marginal increases.
Top states like Maharashtra and Madhya Pradesh posted lower PAR 0+ levels in March compared to December, while states like Bihar and Tamil Nadu continued to face elevated stress.
The company also highlighted enhanced collection efforts and improved workforce stability, with the employee base increasing from 19,333 in December 2024 to 20,973 in March 2025.
The data presented is provisional and subject to limited review by statutory auditors and approval by the board.
Let me know if you’d like a chart or infographic added based on the PAR trends and GLP numbers.