HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the owner, is looking to sell its majority stake. This move aims to provide an exit for patient investors. The microfinance market is showing signs of recovery. CreditAccess Grameen is financially strong and poised for growth.
ETMarkets Smart Talk | Not rock-bottom yet, but India looks attractive vs mid-2024 excesses: Rahul Singh
Indian stock markets are showing more reasonable valuations after recent volatility. This positioning is expected to attract emerging market investment flows. Earnings growth is showing