10/2/2026, 8:57:02 am

Axis Bank's CreditAccess Grameen buy "a win-win" for both, says CLSA

CLSA forecasts a hypothetical deal where Axis Bank acquires CreditAccess Grameen, valuing it at $2.3 billion. This would grant Axis Bank access to high-margin priority sector lending, benefiting from funding synergies and a strong return on assets, according to CLSA. Axis Bank could make an open offer to acquire the entire entity.