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CREDITACCESS GRAMEEN LIMITEDImportant, 29-05-2026: Disclosure of material issue

29-05-2026 | 07:42 pm

CreditAccess Grameen (CREDITACC) has been penalized ₹0.031 Cr by the Reserve Bank of India (RBI). The issue stems from the absence of robust software to flag transactions inconsistent with customer risk profiles, impacting the identification of suspicious activities. The direct financial impact is limited to the penalty amount. The company's response or mitigation plan is not detailed in the announcement.

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