IGI Logo

CreditAccess Grameen is currently trading at Rs. 872.90, up by 4.55 points or 0.52% from its previous closing of Rs. 868.35 on the BSE.

The scrip opened at Rs. 872.00 and has touched a high and low of Rs. 875.00 and Rs. 870.15 respectively. So far 475 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1154.35 on 02-Jun-2022 and a 52 week low of Rs. 573.50 on 27-Jan-2022.

Last one week high and low of the scrip stood at Rs. 895.75 and Rs. 865.00 respectively. The current market cap of the company is Rs. 13643.62 crore.

The promoters holding in the company stood at 73.71%, while Institutions and Non-Institutions held 22.13% and 4.16% respectively.

CreditAccess Grameen (CA Grameen) has partnered with Scienaptic AI, leading global AI-powered credit decisioning platform provider. CA Grameen will be using Scienaptic’s credit decisioning engine, intelligent multi-bureau solution, and repository of risk-predictive bureau variables to underwrite new and existing customers for group loans and two-wheeler loans.

The engine's ability to pull data from external sources, analyze variables, and draw conclusions in real-time will enable the company to make faster and more personalized lending decisions, thereby allowing the company to match the evolving financial needs of the rural population of India.

Scienaptic AI’s mission is to increase credit availability across the globe by transforming the technology used in credit decisioning. Banks, NBFCs, MFI, and fintech use Scienaptic's AI native credit decisioning platform to continually improve the quality and speed of their underwriting decisions.

CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.