CreditAccess Grameen expects to grow its assets under management (AUM) by 20-25% annually to reach Rs 50,000 crore over the next four-five years. The microfinance company said that this expansion will be achieved through expanding into new states, focusing on enhancing return ratios and building a diversified assets and liabilities profile. In Q4 2023, the firm achieved the ranking of being the first pureplay microfinance company in the country to cross Rs 20,000 crore in AUM. In addition, it expects to reduce the dominant market share of its top three states and increase its non-microfinance portfolio share to 10-15% by FY28.
