Creditaccess Grameen Ltd. · NSE:CREDITACC
Creditaccess Grameen — Q4 FY20 Earnings Presentation
63 slides from Creditaccess Grameen's earnings presentation, May 31, 2020
Slide 1: Intimation of Investor Presentation to stock exchanges
May 31, 2020 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers The Exchange Plaza Dalal Street Bandra Kurla Complex Bandra (East) Mumbai 400001 Mumbai 400051 Scrip code: 541770 Scrip code: CREDITACC Dear Sir/Madam, Subject: Intimation of Investor Presentation Further to
Slide 2: Q4 & FY20 Investor Presentation
CreditAccess Grameen Limited Q4 & FY20 Investor Presentation May 2020 www.creditaccessgrameen.com
Slide 3: Disclaimer
Disclaimer By accessing this presentation, you agree to be bound by the following terms and conditions. This presentation (which may reflect some price sensitive information in terms of SEBI regulations and Companies Act, 2013, as amended from time to time) has been prepared by CreditAccess Grameen
Slide 4: Discussion Summary
Discussion Summary Consolidated Overview COVID-19: Impact, Response & Outlook CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 3
Slide 5: Q4 & FY20: Consolidated P&L Statement (PPOP up 24.7%)
Q4 & FY20: Consolidated P&L Statement (PPOP up 24.7%) • The company achieved a major milestone on 18th March 2020 by successfully completing the first step of the merger with Madura Micro Finance Limited (‘MMFL’). The company has completed the purchase of 76.08% stake in MMFL by paying INR 661.2 Cr.
Slide 6: Q4 & FY20: Consolidated Balance Sheet (Assets up 71.1%)
Q4 & FY20: Consolidated Balance Sheet (Assets up 71.1%) Balance Sheet (INR Cr) FY20 FY19 YoY% Cash & Other Bank Balances 717.6 615.5 16.6% Loans - Balance sheet assets (Net of Impairment Loss Allowance) 1 11,004.3 6,404.2 71.8% - Securitised assets 94.6 198.6 -52.4% Property, plant and equipment 31.
Slide 7: Q4 & FY20: Accounting Impact of Business Combination
Q4 & FY20: Accounting Impact of Business Combination As on Acquisition Date (INR Cr) 18th March 2020 Amount Acquisition Date % Stake (INR Cr) MMFL Total Equity 393.2 18th March 2020 75.64% 657.4 31st March 2020 0.44% 3.8 Less: Statutory Reserve 60.5 Total 76.08% 661.2 Book Value of Net Assets Acquir
Slide 8: Q4 & FY20: Consolidated Proforma Financial Highlights
Q4 & FY20: Consolidated Proforma Financial Highlights The FY20 consolidated P&L statement includes MMFL’s profit only from 18th March 2020 to 31st March 2020. Below proforma financial highlights are calculated by factoring 100% consolidation of MMFL’s profit in FY20. Particulars (INR Cr) FY20 (CAGL+
Slide 9: Leading MFI with Expanded Scale & Footprint (1/2)
Q4 & FY20: Leading MFI with Expanded Scale & Footprint (1/2) Strengthened Leadership Position with ~ INR 12,000 Cr Portfolio Augmented Borrower Base of over 4.0 Mn GLP (INR Cr) Borrowers (‘000) CAGR 47.4% CAGR 35.7% 11,996 4,055* 2,100 67.6% 64.2% 1,215 7,159 2,470 1,851 4,975 9,896 1,450 1,196 2,90
Slide 10: Leading MFI with Expanded Scale & Footprint (2/2)
Q4 & FY20: Leading MFI with Expanded Scale & Footprint (2/2) Expanded Branch Network & Human Infrastructure to Drive Future Growth Branches Loan Officers Employees CAGR 47.0% CAGR 37.2% CAGR 39.4% 1,393 14,496 9,688 464 1,972 3,672 107.9% 68.0% 79.8% 5,768 8,064 670 4,544 6,306 516 3,668 7,716 4,952
Slide 11: Geographic Diversification And Deeper Presence
Q4 & FY20: Geographic Diversification And Deeper Presence Our Presence Branch Network FY19 FY19 FY20 FY20 CAGL % Share CAGL + MMFL % Share 14 States / 1 UT Karnataka 226 33.7% 298 21.4% 248 Districts Maharashtra 176 26.3% 284 20.4% 1,393 Branches Uttar Pradesh Tamil Nadu 107 16.0% 381 27.4% 15 Madhy
Slide 12: Comfortable District Wise Exposure
Q4 & FY20: Comfortable District Wise Exposure FY20 CAGL Districts FY20 MMFL Districts Common Districts FY20 Combined Presence 230 95 77 Districts: 248 Higher District Penetration: Branches Per District Higher Proportion of Rural Borrowers 5.6 96% 86% 4.3 4.0 82% FY19 (CAGL) FY20 (CAGL) FY20 (CAGL +
Slide 13: Discussion Summary
Discussion Summary Consolidated Overview COVID-19: Impact, Response & Outlook CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 12
Slide 14: Gradual Resumption of Business Operations
Gradual Resumption of Business Operations 23rd March – 19th April 2020 20th April – 3rd May 2020 4th May 2020 – Till Date • Temporary suspension of branch • 74% branches opened in • 98% branches opened with ~90% staff and field operations (national compliance with MHA guidelines • HO/RO started func
Slide 15: Proactive Support Through CSR Initiatives
Proactive Support Through CSR Initiatives Distribution of Medical Kits Distribution of Groceries to Distribution of Medical Kits to to Police Stations Municipal Workers Municipal / Asha Workers www.creditaccessgrameen.com 14
Slide 16: Well-positioned for Faster Recovery Post Lockdown Release
Well-positioned for Faster Recovery Post Lockdown Release Deep Rural Presence Resilient Borrower Base Proven Business Model Well-positioned to Demonstrate Faster Recovery ~98% Branches are fully operational with ~90% work-force Proven Business Model: GLP (INR Cr) CAGL MMFL Total Ability to Conduct M
Slide 17: Discussion Summary
Discussion Summary Consolidated Overview COVID-19: Impact, Response & Outlook CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 16
Slide 18: FY20: Standalone Performance Highlights
FY20: Standalone Performance Highlights NIM Cost/Income Ratio GLP Disbursements 12.1% 36.6% INR 9,896 Cr INR 10,389 Cr (+38.2% YoY) (+26.4% YoY) Weighted Avg. COB Opex/GLP Ratio 9.9% 4.9% Capital Adequacy Ratio ROA PAT Total Equity 23.6% 3.6% INR 328 Cr (+1.8% YoY) INR 2,669 Cr Tier 1 Ratio ROE Adj.
Slide 19: Q4 FY20: Awards & Recognitions
Q4 FY20: Awards & Recognitions CreditAccess Grameen awarded with the ‘Outstanding CreditAccess Grameen certified as ‘Great Place to Work’ and Contribution to Rural Entrepreneurship and ranked among ‘Top 25 – India’s Best Empowerment’ at the second edition of Workplaces in BFSI 2020’ CNBC-AWAAZ CEO A
Slide 20: CAGL Standalone P&L Statement (PPOP up 23.1%)
Q4 & FY20: CAGL Standalone P&L Statement (PPOP up 23.1%) Profit & Loss Statement (INR Cr) Q4 FY20 Q4 FY19 YoY% Q3 FY20 QoQ% FY20 FY19 YoY% Interest income 454.4 312.4 45.4% 416.7 9.0% 1,617.2 1,218.3 32.7% - Interest on Loans 451.4 297.8 51.6% 411.7 9.6% 1,588.8 1,156.1 37.4% - Income from Securitis
Slide 21: CAGL Standalone Balance Sheet (Assets up 44.9%)
Q4 & FY20: CAGL Standalone Balance Sheet (Assets up 44.9%) Balance Sheet (INR Cr) Q4 FY20 Q4 FY19 YoY% Q3 FY20 QoQ% FY20 FY19 Cash & Other Bank Balances 580.4 615.5 -5.7% 974.2 -40.4% 580.4 615.5 Loans - Balance sheet assets (Net of Impairment Loss Allowance) 9,172.6 6,404.2 43.2% 8,101.5 13.2% 9,17
Slide 22: Q4 & FY20: Asset Quality Update
Q4 & FY20: Asset Quality Update Asset Quality & Provisioning • PAR 30 – 1.70% in Q4 FY20 vs. 1.63% in Q3 FY20 • PAR 60 (GNPA) – 1.57% in Q4 FY20 vs. 0.85% in Q3 FY20 • PAR 90 – 1.23% in Q4 FY20 vs. 0.61% in Q3 FY20 • ECL - INR 273.7 Cr (2.86%) in Q4 FY20 vs. INR 134.4 Cr (1.61%) in Q3 FY20 • Above E
Slide 23: Q4 FY20: Well-Diversified Liability Mix
Q4 FY20: Well-Diversified Liability Mix Liability Mix - Institution / Instrument Wise (%) Focus on dynamic liability management Bank - Sub Debt • Focus on long-term funding with a mix of domestic & foreign sources 0.3% NBFCs - Term Loan • Target to meet funding requirement through foreign/long term
Slide 24: Stable Liquidity / ALM Position Backed by Continued Support from Lenders
Q4 FY20: Stable Liquidity / ALM Position Backed by Continued Support from Lenders Static Liquidity / ALM Position For the month For Financial Year Particulars (INR Cr) Apr-20 May-20 Jun-20 FY 2021 FY 2022 Opening Cash & Equivalents * (A) 579.8 278.4 152.5 579.8 2,827.3 Loan recovery [Principal] (B)
Slide 25: Positive ALM Continues To Contribute Growth
Q4 FY20: Positive ALM Continues To Contribute Growth Positive ALM Mismatch (in Months) 27.3 26.6 27.3 25.3 25.3 23.1 21.5 19.0 18.6 18.4 18.4 16.0 16.1 16.0 16.0 15.5 14.1 13.1 FY16 FY17 FY18 FY19 FY20 Q3 FY19 Q4 FY19 Q3 FY20 Q4 FY20 Average Maturity of Assets Average Maturity of Liabilities www.cre
Slide 26: Q4 FY20: Stable Credit Ratings
Q4 FY20: Stable Credit Ratings Q4 FY19 Q4 FY20 Rating Instrument Rating Agency Rating/Grading Rating/Grading Bank facilities ICRA ICRA A+ (Stable) ICRA A+ (Stable) Non-convertible debentures ICRA ICRA A+ (Stable) ICRA A+ (Stable) Subordinated debt ICRA ICRA A+ (Stable) ICRA A+ (Stable) Commercial Pa
Slide 27: FY20: Strong Annual Performance Trend (1/3)
FY20: Strong Annual Performance Trend (1/3) Note: Refer Annexure for definition of key ratios Gross Loan Portfolio (GLP) (INR Cr) Disbursements (INR Cr) CAGR 40.5% CAGR 32.7% 10,389 9,896 8,221 7,159 499 4,975 6,082 3,075 325 2,539 51 3,349 3,403 9,397 0 1 6,834 3,075 4,923 2,539 FY16 FY17 FY18 FY19
Slide 28: FY20: Strong Annual Performance Trend (2/3)
FY20: Strong Annual Performance Trend (2/3) Note: Refer Annexure for definition of key ratios Asset Quality (%) PAT (INR Cr) CAGR 40.6% 1.57% 0.82% 0.61% 322 328 0.08% 0.08% 212 0.00% 0.00% 0.00% 0.00% 0.00% 84 75 FY16* FY17* FY18 FY19 FY20 FY16* FY17* FY18 FY19 FY20 GNPA NNPA Total Equity (INR Cr)
Slide 29: FY20: Strong Annual Performance Trend (3/3)
FY20: Strong Annual Performance Trend (3/3) Branches Borrowers (‘000) & Retention Rate (%) 86% 86% 84% 87% 85% 929 2,905 670 71 2,470 74 516 1,851 41 393 60 1,450 298 30 1,196 6 5 858 0 2,831 0 610 0 2,429 388 486 1,450 1,845 298 1,196 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Group Lending
Slide 30: Q4 FY20: Robust Quarterly Performance Trend (1/2)
Q4 FY20: Robust Quarterly Performance Trend (1/2) Note: Refer Annexure for definition of key ratios Gross Loan Portfolio (GLP) (INR Cr) Disbursements (INR Cr) 38.2% -10.9% 9,896 3,272 8,872 2,977 2,916 7,159 7,619 7,905 2,310 2,186 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q4 FY19 Q1 FY20 Q2 FY20 Q3 F
Slide 31: Q4 FY20: Robust Quarterly Performance Trend (2/2)
Q4 FY20: Robust Quarterly Performance Trend (2/2) Note: Refer Annexure for definition of key ratios Asset Quality (%) PAT (INR Cr) 1.57% 101 108 PAT includes the impact 96 of INR 15.2 Cr of merger 0.61% 0.55% 0.52% 0.85% expenses & INR 82.9 Cr 76 of additional provisions for COVID-19 0.00% 0.00% 0.0
Slide 32: Q4 FY20: Strong Business Traction With Rural Focus...
Q4 FY20: Strong Business Traction With Rural Focus... Gross Loan Portfolio (GLP) (INR Cr) Borrowers (‘000) 38.2% 17.6% 9,896 2,905 8,872 499 74 7,905 2,770 7,619 456 7,159 66 373 426 2,640 325 2,564 59 2,470 50 9,397 41 2,831 8,417 7,246 7,479 2,703 6,834 2,581 2,514 2,429 Q4 FY19 Q1 FY20 Q2 FY20 Q3
Slide 33: ...Backed by Consistent Growth In Infrastructure
Q4 FY20: ...Backed by Consistent Growth In Infrastructure Branches Kendras (Group Lending) (‘000) 38.7% 19.7% 887 928 929 196 753 185 670 65 70 71 60 175 60 169 858 858 164 693 822 610 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Group Lending Retail Finance Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Employ
Slide 34: ...Along With Sustainable Productivity
Q4 FY20: …Along With Sustainable Productivity GLP / Branch (INR Cr) GLP / Loan Officer (INR Cr) 5.4 6.2 7.0 6.5 6.5 0.5 0.6 0.7 0.6 0.7 11.2 10.5 9.8 11.0 1.3 1.3 1.3 9.1 1.2 1.2 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Group Lending Retail Finance Group Lendin
Slide 35: ...Product Range To Meet Diverse Customer Needs
Q4 FY20: …Product Range To Meet Diverse Customer Needs GLP - Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Product Mix (INR Cr) % of Total (INR Cr) % of Total (INR Cr) % of Total (INR Cr) % of Total (INR Cr) % of Total IGL 6,088 85% 6,454 85% 6,660 84% 7,541 85% 8,447 85% Family Welfare 93 1% 264 3% 317 4
Slide 36: Q4 FY20: District Wise Exposure Trend
Q4 FY20: District Wise Exposure Trend Portfolio Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Exposure of Districts No. of % of Total No. of % of Total No. of % of Total No. of % of Total No. of % of Total (% of Portfolio) Districts Districts Districts Districts Districts Districts Districts Districts Dis
Slide 37: Discussion Summary
Discussion Summary Consolidated Overview COVID-19: Impact, Response & Outlook CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 36
Slide 38: FY20: Standalone Performance Highlights (MMFL)
FY20: Standalone Performance Highlights NIM Cost/Income Ratio GLP Disbursements 11.9% 39.5% INR 2,100 Cr INR 1,865 Cr (+13.1% YoY) (+4.1% YoY) Weighted Avg. COB Opex/GLP Ratio 11.6% 5.5% Capital Adequacy Ratio ROA PAT Total Equity 23.0% 3.6% INR 80 Cr (-6.8% YoY) INR 402 Cr Tier 1 Ratio ROE Adj. PAT
Slide 39: Q4 & FY20: MMFL Standalone P&L Statement
Q4 & FY20: MMFL Standalone P&L Statement Note: This P&L statement provides the Q4 & FY20 financial performance of MMFL. Since, CAGL completed the acquisition on 18 th March 2020, the consolidated P&L includes MMFL’s profits only from 18th March 2020 to 31st March 2020 Profit & Loss Statement (INR Cr
Slide 40: Q4 & FY20: MMFL Standalone Balance Sheet
Q4 & FY20: MMFL Standalone Balance Sheet Balance Sheet (INR Cr) Q4 FY20 Q4 FY19 YoY% FY20 FY19 Cash & Other Bank Balances 137.2 194.8 -29.6% 137.2 194.8 Loans - Balance sheet assets (Net of Impairment Loss Allowance) 1,832.0 1,694.3 8.1% 1,832.0 1,694.3 - Securitised assets 94.6 147.2 -35.7% 94.6 14
Slide 41: Q4 FY20: Quarterly Performance Trend (1/4)
Q4 FY20: Quarterly Performance Trend (1/4) Note: Refer Annexure for definition of key ratios Gross Loan Portfolio (GLP) (INR Cr) Disbursements (INR Cr) 13.1% -3.8% 2,049 2,137 2,100 522 513 1,857 1,918 431 414 415 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 PAT (I
Slide 42: Q4 FY20: Quarterly Performance Trend (2/4)
Q4 FY20: Quarterly Performance Trend (2/4) Note: Refer Annexure for definition of key ratios Margin Analysis (%) Operating Efficiency (%) 22.6% 21.4% 21.8% 21.5% 22.3% 5.5% 5.9% 5.2% 5.3% 4.8% 13.2% 11.9% 12.4% 11.7% 11.0% 40.7% 39.4% 40.6% 37.2% 29.4% 11.4% 11.5% 11.8% 11.5% 11.7% Q4 FY19 Q1 FY20 Q
Slide 43: Q4 FY20: Quarterly Performance Trend (3/4)
Q4 FY20: Quarterly Performance Trend (3/4) Borrowers (‘000) Branches 26.5% 30.0% 1,175 1,215 449 464 1,034 1,110 402 420 961 357 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Employees Loan Officers 37.1% 41.8% 3,623 3,672 1,974 1,972 3,046 3,312 1,746 2,678 1,587 1
Slide 44: Q4 FY20: Quarterly Performance Trend (4/4)
Q4 FY20: Quarterly Performance Trend (4/4) GLP / Branch (INR Cr) GLP / Loan Officer (INR Cr) 5.2 1.3 4.8 4.9 4.8 4.5 1.2 1.2 1.1 1.1 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Borrowers / Branch Borrowers / Loan Officer 2,691 2,571 2,642 2,617 2,619 691 651 636 6
Slide 45: Q4 FY20: District Wise Exposure
Q4 FY20: District Wise Exposure Portfolio Q4 FY19 Q4 FY20 Exposure of % of % of Districts No. of No. of Total Total Districts Districts (% of Portfolio) Districts Districts < 0.5% 22 30% 31 33% 0.5% - 1% 20 27% 23 24% 1% - 2% 12 16% 27 28% Q4 FY19 Q4 FY20 2% - 4% 14 19% 12 13% District in terms of G
Slide 46: Q4 FY20: Diversified Liability, Stable Liquidity, Positive ALM
Q4 FY20: Diversified Liability, Stable Liquidity, Positive ALM Liability Mix – Static Liquidity / ALM Position For the month FY20 Institution / Instrument Wise Particulars (INR Cr) Apr-20 May-20 Jun-20 Banks – Term Loan 51.3% Opening Cash & Equivalents (A) 105.0 40.3 30.5 FIs – Term Loan 17.0% Loan
Slide 47: Discussion Summary
Discussion Summary Consolidated Overview COVID-19: Impact, Response & Outlook CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 46
Slide 48: Investment Rationale
Investment Rationale 2 3 Contiguous District Customer Centric Based Expansion Business Model With Rural Focus 1 4 Strong Parentage Classical Joint of CreditAccess Key Differentiators Lending (JLG) Asia N.V. Model 6 5 Consistent Growth Unique Human Along With Strong Capital & Internal Asset Quality A
Slide 49: Strong Parentage of CreditAccess Asia N.V.
Strong Parentage of CreditAccess Asia N.V. Committed to Micro Finance Business Strong Financial Support • CreditAccess Asia N.V. (CAA) specialises in Micro and Small • Invested through multiple rounds of capital funding along with Enterprises financing secondary purchase during 2009 to 2017 • Operat
Slide 50: Customer Centric Business Model (1/2)
Customer Centric Business Model (1/2) Partnering in growth with diverse product One of the Lending rate lowest of 18%-22%, lending rate, among suite catering to entire customer life cycle the loweststarting ~19.75% in the industry Q1 FY21 Customer flexibility - Even in a group, borrowers members can
Slide 51: Customer Centric Business Model (2/2)
Customer Centric Business Model (2/2) Loan Customer Centric Ticket Size Tenure Cashless shift based Purpose Type Products (INR) (months) on customer’s preference Business Investments and Income Group Income Generation Loan(IGL) 5,000 - 80,000 12-30 • Small loans: Enhancement activities Cash/Cashless
Slide 52: Calibrated, Contiguous District Based Expansion Strategy
Calibrated, Contiguous District Based Expansion Strategy Focusing on Deep Rural Penetration Focus on achieving deep penetration within a particular district within three years of commencement of operations Gradual expansion into the next (typically adjoining) district Systematic methodology in selec
Slide 53: Classical JLG Lending Model
Classical JLG Lending Model Group Formation Data Entry & CB Check Group Confirmation Kendra Meetings • Group: 5-10 members • Data entry into CBS at RPCs • CGT by LO for 5 days • Weekly / Fortnightly meetings • Kendra: 2-6 groups • Credit Bureau check • Re-interviews by BM followed by • Duration: 30-
Slide 54: Unique Human Capital, Internal Audit & Controls
Unique Human Capital, Internal Audit & Controls Unique Human Capital Internal Audit & Controls Well-established Operational Structure Sound Understanding of Rural Market • ~90% of employees are hired fresh • Internal audit frequency – Business Heads from rural communities 6 times in a year at branch
Slide 55: Discussion Summary
Discussion Summary Consolidated Overview COVID-19: Impact, Response & Outlook CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 54
Slide 56: Key Ratios: Definitions
Key Ratios: Definitions 1. Portfolio Yield = (Interest on loans – processing fees + Income from securitisation)/ Avg. quarterly on-book loans 2. Cost of Borrowings / Weighted Avg. COB = (Borrowing cost – finance lease charges) / Monthly average borrowings 3. Marginal COB = (Borrowings availed during
Slide 57: Provisioning Policy
Provisioning Policy RBI Norms IND-AS CAGL Policy MMFL Policy Standard 0-90 days Stage I 0-30 days 0-15 days 0-30 days Assets Asset Sub-Standard 91-180 days Stage II 31-90 days 16-60 days 31-90 days Classification Assets Loss >180 days Stage III >90 days >60 days > 90 days Assets CAGL Policy MMFL Pol
Slide 58: Shareholding Structure
Shareholding Structure Shareholding Pattern (%) – March 2020 Top 10 Investors – March 2020 Bodies Eastspring Investments India Corporate & Others, HDFC Life Insurance Individuals, 2.38 3.44 ICICI Prudential Banking & Financial Services Fund MF & AIF, 8.65 ICICI Prudential Life Insurance Company IIFL
Slide 59: Information Technology
Information Technology Key Technology Partners Key Technology Initiatives (Data Centre & Disaster (Core Banking Solution) Recovery SMS engine Paperless Infrastructure) Field transactions with integration process reduced TAT automation (Email and Collaboration) (Mobility solution) Event based Custome
Slide 60: Community Focus
Community Focus Awarded Microfinance Institution of the Year Award 2019 at the Inclusive Finance India Awards 2019 held in New Delhi • Company aims to meet its responsibility towards society through: Awarded with ‘Water.org and Sa-dhan Awards’ for Water and Sanitation Credit Financing – 2019 under ‘
Slide 61: Effective Use of CSR Funds
Effective Use of CSR Funds Conducts various activities spread across states of Karnataka, Maharashtra, Tamil Nadu and Madhya Pradesh which complement its regular microfinance operations by contributing to improving living conditions of the customer/s. Events Conducted Beneficiaries WASH (Water Sanit
Slide 62: Go Green Activities
Go Green Activities 49,765 plant saplings were distributed in FY 19-20 to our customers and public for spreading awareness on afforestation and reforestation Karnataka Tamil Nadu Maharashtra Madhya Pradesh 30,050* plant sapling distributed 7,905 plant sapling distributed 6,831 plant sapling distribu
Slide 63: Thank You
Thank You For any investor related queries , please mail to investorrelations@grameenkoota.org www.creditaccessgrameen.com 62