India's CreditAccess Grameen down on weak Q2 disbursements

CreditAccess Grameen

10/10/2024 10:14

** Shares of CreditAccess Grameen  CRDE.NS  fall 2.8% to
1,119.05 rupees
    ** The microfinance institution's Q2 disbursements fell 19%
Y/Y 
    ** Collection efficiency down to 96.2% in Q2 from 97.9% in
Q1
    ** Over 411,000 shares traded, 2X 30-day avg
    ** CRDE down ~30% YTD vs ~21% gains in Nifty 500 index
 .NIFTY500 

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))