CreditAccess Grameen
Indian private sector bank
CreditAccess Grameen Limited (CA Grameen) is an Indian microfinance institution founded in 1999, headquartered in Bengaluru, which serves customers predominantly in rural areas. The company is engaged in providing microfinance services to women from low-income households who are enrolled as members and organized in Joint Liability Groups.
History
CreditAccess Grameen (CA Grameen) was established in 1999 by Vinatha M. Reddy, who was inspired by the book “Give Us Credit” by Alex Counts, President & CEO of Grameen Foundation USA.
Reddy, who was then running an NGO named the T. Muniswammapa Trust, managed to obtain a US$35,000 grant from the Grameen Foundation to replicate the model in India. As a result, Grameen Koota was born, and as the concept became more popular.
In 2007, the company was renamed Grameen Financial Services Private Limited.
On March 14, 2008, the company changed its name, following which the Reserve Bank of India (RBI) issued a updated Certificate of Registration on July 28, 20092, to reflect the corporate name change.
Since then, the former owners have made way for new promoters, including CreditAccess India B.V., a Dutch-based Asia-focused microfinance major that has invested INR 968 crore in CA Grameen since 2009. Udaya Kumar Hebbar joined as CEO in 2010, and has acquired a larger role as MD and CEO since 2016.
On 23 August 2018, the company was listed on National Stock Exchange and Bombay Stock Exchange following its initial public offering.
In September 2019, Citigroup partnered with CA Grameen to finance 75,000 Women Entrepreneurs in India.
“CreditAccess Grameen” enters the record as indian private sector bank. Crown Archives preserves that source wording while asking what CreditAccess, Grameen and Indian can confirm, complicate or overturn.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Sep 9, 2026. The linked authority identifier is Q121609944. None of the 0 selected statements returned an explicit reference. The first chronological checks are 1999, 2007, 2008 and 2009.
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