Explained — The key factors behind the 17% drop in CreditAccess Grameen shares

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For the December quarter, CreditAccess Grameen’s Gross NPA stood at 3.99% from 2.44% at the end of the September quarter, while its Net NPA stood at 1.28% from 0.76% in the previous quarter. Write-offs during the quarter stood at ₹376.7 crore.

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