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CreditAccess India eyes new investors, says Deputy Chairman
CreditAccess India, owner of CreditAccess Grameen, is seeking new investors. This move aims to provide liquidity for existing shareholders and fuel future growth. CreditAccess Grameen is expanding into new financial services beyond microfinance. The company is focused on sustainable expansion and meeting customer needs in rural and semi-urban markets.
cityfalcon.com·2mo ago
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Eye screening drive for adults, schoolchildren launched in Varanasi
A vision screening campaign targeting adults and schoolchildren in rural areas was launched here to expand access to primary eye care and facilitate early detection of vision problems, officials said on Saturday. The initiative, launched on Friday, is being implemented by the India Vision Institute (IVI) in partnership with CreditAccess India Foundation, the CSR arm of CreditAccess Grameen Limited. The programme aims to take basic eye screening services closer to communities and classrooms, with provisions for referral and follow-up care wherever required. IVI Chief Executive Officer Vinod Daniel said timely primary eye care interventions can have a direct impact on learning outcomes and productivity by addressing uncorrected refractive errors at an early stage. Officials associated with the programme said the campaign would work with local stakeholders to ensure smooth delivery of screenings and continuity of care, particularly for school-going children and working adults, with the broader objective of reducing avoidable vision impairment.
cityfalcon.com·2mo ago
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Brief India: HSIE Results Daily: Persistent Systems, AU Small Finance Bank, Oberoi Realty, CreditAccess Grameen and more
In this briefing: HSIE Results Daily: Persistent Systems, AU Small Finance Bank, Oberoi Realty, CreditAccess Grameen HSIE Results Daily: Dr Reddy’s Laboratories, Supreme Industries, Dalmia Bharat... Eternal (3QFY26 Results Review): FD Recovery Continues, Blinkit in the Black. Maintain ADD Exencial Industry Tidings PhonePe IPO: Limited Float & Index Inclusion Timeline 1. HSIE Results Daily: Persistent Systems, AU Small Finance Bank, Oberoi Realty, CreditAccess Grameen Persistent Systems: Persistent Systems (PSYS) delivered a strong Q3FY26, beating expectations with +4.1% QoQ CC revenue growth and a +40bps QoQ adjusted margin expansion, driven by robust execution Growth was broad-based, led by strong performance in the Healthcare and BFSI verticals and the Americas region The order book remained healthy with a new TTM TCV of USD 369mn (+11% YoY) and new ACV of USD 256mn (+31% YoY), supporting a continued growth momentum Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.
cityfalcon.com·2mo ago
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Gainers & Losers: IIFL Finance, Dr Reddy’s among 7 stocks that moved most on Thursday
Indian markets snapped a three-day losing streak as Nifty and Sensex closed higher. Stocks like Gokaldas Exports, CreditAccess Grameen and Amagi gained, while IIFL Finance and PNB Housing fell sharply despite earnings updates.
cityfalcon.com·2mo ago
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Gainers & Losers: Eternal, Amagi Media among 7 stocks under spotlight on Wednesday
Indian markets fell for the third consecutive session as financials and consumer stocks faced selling pressure. Eternal, MRPL, CreditAccess Grameen, and IndiaMart gained sharply, while Kalyan Jewellers and Tata Communications declined despite strong quarterly earnings.
cityfalcon.com·2mo ago
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Indian shares extend losses after Tuesday’s selloff; rupee slumps to record low
Indian shares fell on Wednesday, extending losses after their steepest drop in over eight months in the previous session, as global trade and geopolitical woes continued to fuel foreign selling. The Nifty 50 fell 0.3% to 25,157.5 while the BSE Sensex eased 0.33% to 81,909.63, both logging fresh three-month lows. The indexes fell 1.4% and 1.3% on Tuesday. Asian stocks extended losses to a third session amid mounting tensions over President Donald Trump’s threats to acquire Greenland and reignite a trade war with the European Union. Weak domestic earnings, marked by misses from heavyweights such as Reliance Industries and ICICI Bank, and foreign outflows have also dragged Indian shares. Twelve of 16 major sectors logged losses. The small- and mid-caps lost 0.9% and 1.1%, respectively, to close at eight-month and three-month lows. “A wave of global turbulence has washed over domestic equities, dragging markets lower, not because of weakening fundamentals at home, but due to a dramatic shift in global risk appetite,” said Deven Choksey, managing director at DRChoksey FinServ. “As U.S. bond yields rise and geopolitical tensions escalate, fueled by fresh tariff threats, investors worldwide are racing to de-risk their portfolios, unleashing a renewed bout of foreign outflows from India”.
cityfalcon.com·2mo ago
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