SKS Microfinance on March 19 completed the tenth securitisation transaction of Rs 26.73 crore during the current financial year. With this, the total sum of securitisations completed for FY14 (year-to-date) is Rs 1,377.94 crore, the company said in its filing.The entire pool qualifies for priority sector treatment as per RBI's priority sector lending guidelines.
The pool is rated A1+ (SO) by a leading rating agency signifying a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.
The pool is rated A1+ (SO) by a leading rating agency signifying a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.
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