CreditAccess Grameen’s loan portfolio rises to Rs 25,395 crore in Feb 2025; adds 1.5 lakh new borrowers

CreditAccess Grameen Limited has released its interim business update for February 2025, highlighting strong loan portfolio growth, expanding borrower base, and stabilizing asset quality, despite temporary challenges in Karnataka.

Key Highlights:

• Gross Loan Portfolio (GLP): ₹25,395 crore (up from ₹24,810 crore in Dec 2024)
  • Karnataka: ₹8,010 crore (up from ₹7,927 crore)
  • Other States: ₹17,384 crore (up from ₹16,883 crore)
• New Borrowers Added: Over 1.5 lakh in Jan-Feb 2025
• Collection Efficiency (Excl. Karnataka): >99.5% in Feb 2025
• Collection Efficiency in Karnataka: Recovered from 95.1% in early Feb to 98.0% by month-end

Asset Quality Trends

• Overall PAR 0+ ratio increased to 7.5% in Feb (vs. 6.8% in Dec 2024)
• PAR 90+ ratio rose to 3.4% in Feb (vs. 2.6% in Dec 2024)
• Karnataka faced a temporary rise in delinquencies due to regulatory uncertainties but saw gradual improvement post-policy clarity.

Karnataka Ordinance Impact

The Karnataka ordinance (effective Feb 12, 2025), targeting unregistered lenders, caused temporary repayment delays. However, as regulatory clarifications were issued, repayments resumed with improved efficiency, stabilizing the asset quality outlook.

Despite the short-term impact, CreditAccess Grameen remains optimistic about maintaining its growth trajectory, with continuous collection efforts and borrower engagement strategies in place.