CreditAccess Grameen shares, after a 23% rally in a month, get an upgrade from CLSA; Details here

CreditAccess Grameen’s net interest income (NII) increased 20% from the previous year, while its net interest margin (NIM) expanded to 14.2%. Its gross non-performing assets (NPA) improved to 3.2% from 4% sequentially and its credit cost moderated to 4.8%.

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