Ratings and Gradings

Ratings and Gradings

Ratings and Gradings

Name of the rating Agency Credit Instrument Ratings
ICRA Bank loans & NCDs A + (Stable)
ICRA CPs A1 +
CRISIL Bank loans & NCDs A + (Stable)
CRISIL (Company Grading) NA M1C1

Social Ratings & Certifications

CPP Certification by Smart Campaign – March 2019

CreditAccess Grameen Limited has been evaluated according to the standards of the Client Protection Certification Program and found to take adequate care to implement Client Protection Principles as promoted by the Smart Campaign

SPI4 Social Audit by Cerise – May 2019

SPI4 is an audit tool developed by CERISE to assess the Universal Standards for Social Performance Management, which include the Client Protection Certification Standards. The SPI4 is currently being used in more than 60 countries

Social Rating – ∑α with a positive outlook by MCril – May 2019

Mcril defines CAGL to have Strong social commitment, very good systems, evidence for good adherence to social mission and values and also says it suggests that the institution is expected to improve its rating in one-year period to one higher notch