Creditaccess Grameen Ltd. · NSE:CREDITACC
Creditaccess Grameen — Q2 FY2021 Earnings Presentation
62 slides from Creditaccess Grameen's earnings presentation, Nov 6, 2020
Slide 1: Intimation of Investor Presentation to exchanges
November 06, 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 Furthe
Slide 2: Q2 & H1 FY21 Investor Presentation
CreditAccess Grameen Limited Q2 & H1 FY21 Investor Presentation November 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 Key Business Updates Consolidated Results Overview CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Investment Rationale Annexure www.creditaccessgrameen.com 3
Slide 5: Key Business Highlights – Consolidated (1/2)
Key Business Highlights – Consolidated (1/2) Q2 FY21: Strong Operating Performance Improving Collections Trend • Top priority on collections, connect with customers, customers health and • PPOP grew 26.9% YoY to INR 196.9 Cr employee health • New disbursements during Q2 FY21 were made only to borrow
Slide 6: Key Business Highlights – Consolidated (2/2)
Key Business Highlights – Consolidated (2/2) Adequate Risk & Capital Buffers Robust Liquidity Position • INR 1,905.8 Cr cash / bank balance and liquid investments as on 30th September 2020 • Conservative provisioning policy to build adequate risk buffers in place • CAGL: INR 1,662.0 Cr (15.1% of tot
Slide 7: Encouraging Collections Trend (CAGL)
Encouraging Collections Trend (CAGL) Improvement in Cumulative Collections…. Collections temporarily slowed in 2nd half of October due to i) cyclonic floods in certain parts of 88% 89% Maharashtra and Karnataka, ii) intermittent 82% 76% lockdown imposed in Chhattisgarh, and iii) brief 74% period of
Slide 8: Encouraging Collections Trend (MMFL)
Encouraging Collections Trend (MMFL) Improvement in Cumulative Collections…. 83% 85% 75% 64% 54% ….With Increasing Customer Activation 189 191 185 190 Zero Payment 167 162 Activation % 123 138 138 Groups % 102 in October in September Tamil Nadu 7% 31% June July August September October Maharashtra 9
Slide 9: Qualified Institutional Placement (QIP) Update
Qualified Institutional Placement (QIP) Update Objective: QIP Book: Investor Details QIP Book: Existing Vs. New Investors • Achieve compliance with Minimum Public Shareholding (‘MPS’) norm Investor Participation stipulated by SEBI, well in advance of the 3-year timeline (post IPO) Existing ending in
Slide 10: Shareholding Structure
Shareholding Structure Pre-QIP Shareholding Structure Post-QIP Shareholding Structure Others, Others, QIB, 2.13 3.73 QIB, 3.69 3.45 Shareholding MF & Shareholding MF & AIF, 8.87 AIF, 9.37 Pattern (%) – Pattern (%) – FPI, Promoter Promoter 30th September 5.40 8th October Group , 79.87 FPI, Group , 74
Slide 11: Discussion Summary
Discussion Summary Key Business Updates Consolidated Results Overview CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Business Overview Annexure www.creditaccessgrameen.com 10
Slide 12: Q2 FY21: Consolidated Performance Highlights
Q2 FY21: Consolidated Performance Highlights Branches 1,388 GLP Active Borrowers (+56.5% YoY) INR 11,183 Cr 38.81 Lakh (+41.5% YoY) (+47.0%) Employees 14,454 (+47.2% YoY) ROA PPOP PAT 2.4% INR 197 Cr INR 80 Cr (+26.9% YoY) (-21.1% YoY) ROE 10.7% Total Equity INR 2,995 Cr GNPA 1.77%/ 1.58% * Standard
Slide 13: Q2 FY21: Consolidated P&L Statement
Q2 FY21: Consolidated P&L Statement Profit & Loss Statement (INR Cr) Q2 FY21 Q2 FY20 YoY% Q1 FY21 QoQ% H1 FY21 H1 FY20 YoY% Interest income 567.4 381.9 48.6% 597.4 -5.0% 1,164.8 746.1 56.1% - Interest on Loans 556.5 373.2 49.1% 588.6 -5.6% 1,146.1 725.7 57.9% - Income from Securitisation 4.4 8.1 -46
Slide 14: Q2 FY21: Consolidated Balance Sheet
Q2 FY21: Consolidated Balance Sheet Balance Sheet (INR Cr) Q2 FY21 Q2 FY20 YoY% Q1 FY21 QoQ% Cash & Other Bank Balances 1,855.4 678.0 173.7% 1,274.9 45.5% Loans - Balance sheet assets (Net of Impairment Loss Allowance) 10,137.2 7,315.1 38.6% 10,662.0 -4.9% - Securitised assets 60.3 91.8 -34.2% 90.5
Slide 15: Discussion Summary
Discussion Summary Key Business Updates Consolidated Results Overview CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Investment Rationale Annexure www.creditaccessgrameen.com 14
Slide 16: Q2 FY21: CAGL Standalone Performance Highlights
Q2 FY21: CAGL Standalone Performance Highlights NIM Cost/Income Ratio 11.1 % (11.7% adjusted GLP 39.2% PPOP for higher liquidity impact) INR 9,207 Cr INR 170 Cr (+16.5% YoY) Opex/GLP Ratio (+9.7% YoY) Weighted Avg. COB 4.6% 9.6% ROA Capital Adequacy Ratio Total Equity PAT 2.7% 26.4% INR 2,809 Cr INR
Slide 17: Q2 FY21: CAGL Standalone P&L Statement
Q2 FY21: CAGL Standalone P&L Statement Profit & Loss Statement (INR Cr) Q2 FY21 Q2 FY20 YoY% Q1 FY21 QoQ% H1 FY21 H1 FY20 YoY% FY20 Interest income 464.5 381.9 21.6% 489.1 -5.0% 953.6 746.1 27.8% 1,617.2 - Interest on Loans 459.3 373.2 23.1% 487.8 -5.8% 947.1 725.7 30.5% 1,588.8 - Income from Securi
Slide 18: Q2 FY21: CAGL Standalone Balance Sheet
Q2 FY21: CAGL Standalone Balance Sheet Balance Sheet (INR Cr) Q2 FY21 Q2 FY20 YoY% Q1 FY21 QoQ% H1 FY21 H1 FY20 FY20 Cash & Other Bank Balances 1,662.0 678.0 145.1% 1,172.5 41.8% 1,662.0 678.0 580.4 Loans - Balance sheet assets (Net of Impairment Loss Allowance) 8,377.8 7,315.1 14.5% 8,850.9 -5.3% 8
Slide 19: Q2 FY21: Well-Diversified Liability Mix
Q2 FY21: Well-Diversified Liability Mix Liability Mix - Institution / Instrument Wise (%) Focus on dynamic liability management Bank - SD Bank - NCD • Focus on long-term funding with a mix of domestic & foreign sources 0.3% 6.4% Bank - CP • Target to meet funding requirement through foreign/longer t
Slide 20: Stable Liquidity / ALM Position Backed by Continued Support from Lenders
Q2 FY21: Stable Liquidity / ALM Position Backed by Continued Support from Lenders Static Liquidity / ALM Position For the month For Financial Year 2021-22 Particulars (INR Cr) Oct-20 Nov-20 Dec-20 FY 2022 (Jan-21 to Jun-21) Opening Cash & Equivalents (A) 1,682.6 2,060.2 2,290.2 1,682.6 3,392.4 Loan
Slide 21: Q2 FY21: Positive ALM Continues To Contribute Growth
Q2 FY21: Positive ALM Continues To Contribute Growth Positive ALM Mismatch (in Months) 27.3 25.3 25.2 23.4 23.7 23.4 21.5 19.0 18.6 18.4 17.0 16.5 16.0 16.1 16.0 15.3 14.7 14.1 FY16 FY17 FY18 FY19 FY20 Q1 FY20 Q2 FY20 Q1 FY21 Q2 FY21 Average Maturity of Assets Average Maturity of Liabilities www.cre
Slide 22: Q2 FY21: Stable Credit Ratings
Q2 FY21: Stable Credit Ratings Q1 FY20 Q1 FY21 Rating Instrument Rating Agency Rating/Grading Rating/Grading CRISIL - A+ (Stable) Bank facilities ICRA A+ (Stable) A+ (Stable) Ind-Ra - A+ (RWN) CRISIL - A+ (Stable) Non-convertible debentures ICRA A+ (Stable) A+ (Stable) Ind-Ra - A+ (RWN) Subordinated
Slide 23: Q2 FY21: Robust Quarterly Performance Trend (1/2)
Q2 FY21: Robust Quarterly Performance Trend (1/2) Note: Refer Annexure for definition of key ratios Gross Loan Portfolio (GLP) (INR Cr) Disbursements (INR Cr) 16.5% Disbursements only to existing customers from Kendras paying 2,977 2,916 100% on-time instalments 9,896 9,680 9,207 8,872 7,905 2,186 1
Slide 24: Q2 FY21: Robust Quarterly Performance Trend (2/2)
Q2 FY21: Robust Quarterly Performance Trend (2/2) Note: Refer Annexure for definition of key ratios Asset Quality (%) PAT (INR Cr) 1.57% 1.63% 1.82% 101 108 0.52% 0.85% 78 64 0.00% 0.00% 0.00% 0.00% 0.00% 23 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 GNPA NNPA To
Slide 25: Q2 FY21: Strong Business Traction With Rural Focus...
Q2 FY21: Strong Business Traction With Rural Focus... Gross Loan Portfolio (GLP) (INR Cr) Borrowers (‘000) 16.5% 6.1% 9,896 9,680 8,872 9,207 2,905 2,876 2,802 499 2,770 492 2,640 7,905 456 429 74 74 72 66 59 426 9,397 9,188 8,778 2,831 2,802 8,417 2,581 2,703 2,730 7,479 Q2 FY20 Q3 FY20 Q4 FY20 Q1
Slide 26: Q2 FY21: ...Backed by Consistent Growth In Infrastructure
Q2 FY21: ...Backed by Consistent Growth In Infrastructure Branches Kendras (Group Lending) (‘000) 4.7% 11.2% 928 929 929 929 196 195 195 887 185 70 71 71 71 65 175 858 858 858 858 822 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Group Lending Retail Finance Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Employe
Slide 27: Q2 FY21: …Along With Sustainable Productivity
Q2 FY21: …Along With Sustainable Productivity GLP / Branch (INR Cr) GLP / Loan Officer (INR Cr) 7.0 6.9 6.5 6.5 6.0 0.7 0.7 0.6 0.6 0.7 9.1 9.8 11.0 10.7 10.2 1.3 1.4 1.3 1.2 1.2 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Group Lending Retail Finance Group Lendin
Slide 28: Q2 FY21: … Product Range To Meet Diverse Customer Needs
Q2 FY21: …Product Range To Meet Diverse Customer Needs GLP - Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Product Mix (INR Cr) % of Total (INR Cr) % of Total (INR Cr) % of Total (INR Cr) % of Total (INR Cr) % of Total IGL 6,660 84% 7,541 85% 8,447 85% 8,278 86% 8,096 88% Family Welfare 317 4% 249 3% 168
Slide 29: Q2 FY21: District Wise Exposure Trend
Q2 FY21: District Wise Exposure Trend Portfolio Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 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 30: Discussion Summary
Discussion Summary Key Business Updates Consolidated Results Overview CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Investment Rationale Annexure www.creditaccessgrameen.com 29
Slide 31: Q2 FY21: MMFL Standalone Performance Highlights
Q2 FY21: MMFL Standalone Performance Highlights NIM Cost/Income Ratio 11.2% (11.6% adjusted GLP 49.9% PPOP for higher liquidity impact) INR 1,975 Cr INR 30 Cr (-3.6% YoY) Opex/GLP Ratio (-21.5%) Weighted Avg. COB 5.9% 10.9% ROA Capital Adequacy Ratio Total Equity PAT 0.7% 25.0% INR 419 Cr INR 4 Cr (
Slide 32: Q2 FY21: MMFL Standalone P&L Statement
Q2 FY21: MMFL Standalone P&L Statement Profit & Loss Statement (INR Cr) Q2 FY21 Q2 FY20 YoY% Q1 FY21 QoQ% H1 FY21 H1 FY20 YoY% FY20 Interest income 102.9 113.2 -9.1% 108.1 -4.8% 211.0 220.1 -4.2% 454.9 - Interest on Loans 97.3 103.0 -5.6% 101.5 -4.2% 198.8 204.1 -2.6% 422.3 - Income from Securitisat
Slide 33: Q2 FY21: MMFL Standalone Balance Sheet
Q2 FY21: MMFL Standalone Balance Sheet Balance Sheet (INR Cr) Q2 FY21 Q2 FY20 YoY% Q1 FY21 QoQ% H1 FY21 H1 FY20 FY20 Cash & Other Bank Balances 193.4 64.8 198.6% 102.4 88.8% 193.4 64.8 137.1 Investment in Mutual Funds 50.4 0.0 - 102.3 -50.7% 50.4 0.0 45.0 Loans - Balance sheet assets (Net of Impairm
Slide 34: Q2 FY21: Quarterly Performance Trend (1/4)
Q2 FY21: Quarterly Performance Trend (1/4) Note: Refer Annexure for definition of key ratios Gross Loan Portfolio (GLP) (INR Cr) Disbursements (INR Cr) -3.6% 522 513 2,049 2,137 2,100 2,044 1,975 415 228 0.4 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 PAT (INR Cr)
Slide 35: Q2 FY21: Quarterly Performance Trend (2/4)
Q2 FY21: Quarterly Performance Trend (2/4) Note: Refer Annexure for definition of key ratios Margin Analysis (%) Operating Efficiency (%) 21.8% 21.5% 22.3% 21.3% 5.9% 5.9% 20.8% 5.3% 5.5% 5.1% 49.9% 11.0% 11.9% 12.4% 11.5% 11.2% 40.7% 40.6% 43.0% 39.4% 11.8% 11.5% 11.7% 11.2% 10.9% Q2 FY20 Q3 FY20 Q
Slide 36: Q2 FY21: Quarterly Performance Trend (3/4)
Q2 FY21: Quarterly Performance Trend (3/4) Borrowers (‘000) Branches 2.6% 9.3% 1,175 1,215 1,198 1,139 464 459 459 1,110 449 420 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Employees Loan Officers 13.4% 17.8% 3,623 3,672 3,637 3,756 1,974 1,972 1,966 2,056 3,312 1
Slide 37: Q2 FY21: Quarterly Performance Trend (4/4)
Q2 FY21: Quarterly Performance Trend (4/4) GLP / Branch (INR Cr) GLP / Loan Officer (INR Cr) 4.9 4.8 1.2 4.5 4.5 1.1 1.1 1.0 4.3 1.0 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Borrowers / Branch Borrowers / Loan Officer 2,642 2,617 2,619 2,611 636 616 609 2,481 5
Slide 38: Q2 FY21: District Wise Exposure
Q2 FY21: District Wise Exposure Portfolio Q4 FY20 Q2 FY21 Exposure of % of % of Districts No. of No. of Total Total Districts Districts (% of Portfolio) Districts Districts < 0.5% 31 33% 31 33% 0.5% - 1% 23 24% 23 24% 1% - 2% 27 28% 29 31% Q4 FY20 Q2 FY21 2% - 4% 12 13% 10 11% District in terms of G
Slide 39: Q2 FY21: Diversified Liability, Stable Liquidity, Positive ALM
Q2 FY21: Diversified Liability, Stable Liquidity, Positive ALM Liability Mix – Static Liquidity / ALM Position For the month Q2 FY21 Institution / Instrument Wise Particulars (INR Cr) Oct-20 Nov-20 Dec-20 Banks – Term Loan 47.1% Opening Cash & Equivalents (A) 243.9 225.2 288.6 FIs – Term Loan 24.9%
Slide 40: Discussion Summary
Discussion Summary Key Business Updates Consolidated Results Overview CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Investment Rationale Annexure www.creditaccessgrameen.com 39
Slide 41: Investment Rationale
Investment Rationale 2 3 Strong Parentage Customer Centric of CreditAccess Business Model India N.V. 1 4 Market Leadership, Contiguous District Consistent Growth Key Differentiators Based Expansion & Asset Quality With Rural Focus 6 5 Unique Human Classical Joint Capital & Internal Lending (JLG) Aud
Slide 42: Leading MFI with Expanded Scale & Footprint (1/2)
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 2,905 3,075 2,5
Slide 43: Leading MFI with Expanded Scale & Footprint (2/2)
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 10,824 393
Slide 44: Consistent Organic (Standalone) Growth Trend (1/3)
Consistent Organic (Standalone) Growth 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 FY
Slide 45: Consistent Organic (Standalone) Growth Trend (2/3)
Consistent Organic (Standalone) Growth 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 (I
Slide 46: Consistent Organic (Standalone) Growth Trend (3/3)
Consistent Organic (Standalone) Growth 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 L
Slide 47: Strong Parentage of CreditAccess India N.V.
Strong Parentage of CreditAccess India N.V. Committed to Micro Finance Business Strong Financial Support • Invested through multiple rounds of capital funding along with • CreditAccess India N.V. (CAI) specialises in Micro and Small secondary purchase during 2009 to 2017 Enterprises financing • Disp
Slide 48: 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 ~19.35% in the industry Q3 FY21 Customer flexibility - Even in a group, borrowers members can
Slide 49: 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 12-24 • Small loans: Enhancement activities Cash/Cashless
Slide 50: Calibrated, Contiguous District Based Expansion Strategy…
Calibrated, Contiguous District Based Expansion Strategy… 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 selection of new districts based on ava
Slide 51: …Leading To Geographic Diversification
…Leading To Geographic Diversification Our Presence Branch Network Q2 FY21 Q2 FY21 CAGL + MMFL % Share 14 States / 1 UT Karnataka 298 21.5% 248 Districts Maharashtra 279 20.1% 1,388 Branches Uttar Pradesh Tamil Nadu 381 27.4% 15 Madhya Pradesh 115 8.3% Other States & UTs 315 22.7% Rajasthan Bihar 20
Slide 52: …And Deeper Presence with Rural Focus
…And Deeper Presence with Rural Focus CAGL Districts MMFL Districts Common Districts Q1 FY21 Combined Presence 230 95 77 Districts: 248 Higher District Penetration: Branches Per District Higher Proportion of Rural Borrowers 5.6 96% 86% 4.0 82% FY20 (CAGL) Q1 FY21 (CAGL + MMFL) FY20 (CAGL) FY20 (MMFL
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 Key Business Updates Consolidated Results Overview CAGL: Financial & Operational Metrics MMFL: Financial & Operational Metrics Investment Rationale 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 Poli
Slide 58: 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 59: Community Focus
Community Focus CreditAccess Grameen certified as ‘Great Place to Work’ and ranked among ‘Top 25 – India’s Best Workplaces in BFSI 2020’ • Company aims to meet its responsibility towards society through: CreditAccess Grameen awarded with ‘Outstanding Contribution to Rural Entrepreneurship and Empowe
Slide 60: COVID-19 CSR Initiatives
COVID-19 CSR Initiatives In the backdrop of COVID-19 pandemic situation in Number of Type Of Number of Number India, CAGL has decided to focus its CSR activities in Target Beneficiaries Institutions Activity Beneficiaries of Kits towards following activities – / Locations • Preventive and precaution
Slide 61: COVID-19 CSR Initiatives
COVID-19 CSR Initiatives Estimated Total amount State Expenditures (As on 30th Sept) Karnataka 76,57,000 87,47,918 Maharashtra 44,20,000 46,44,810 Tamil Nadu 26,20,000 23,38,157 Madhya Pradesh 12,65,000 11,87,841 Chhattisgarh 4,51,000 5,04,775 Odisha 3,85,000 5,41,586 Jharkhand 2,75,000 4,42,025 Bih
Slide 62: For Further Queries:
For Further Queries: Nilesh Dalvi Head – Investor Relations Contact No – 9819289131 Email ID – nilesh.dalvi@grameenkoota.org www.creditaccessgrameen.com 61
CreditAccess Grameen — Q2 FY2021 Earnings Presentation on 6ix