Summary of Key Information:
Target Company: CreditAccess Grameen Limited
Stock Exchange Listings:
NSE Scrip Code: CREDITACC
BSE Scrip Code: 541770
Nature of Transaction / Event: Regulatory penalty imposition by Reserve Bank of India
Date of Transaction: Penalty order dated May 25, 2026; Received by company on May 29, 2026
Regulatory Authority: Reserve Bank of India (RBI)
Penalty Amount: ₹3.10 Lakh (Rupees Three Lakh Ten Thousand only)
Reason for Penalty: Non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC) requirements. Specifically, deficiencies in updated customer categorization and profile maintenance as part of effective identification and reporting of suspicious transactions.
Financial Impact: Quantifiable impact limited to the penalty amount of ₹3.10 Lakh
Disclosure Basis: Made pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Master Circular reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Analyst Notes:
This is a mandatory regulatory disclosure filed with both BSE and NSE. The penalty amount of ₹3.10 lakh represents a minor financial impact for the company. The disclosure specifically notes that the impact is quantifiable and limited to the penalty amount, suggesting no broader operational or financial implications.