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Bharat Financial Inclusion undertakes its first Direct Assignment Transaction for FY18

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Capital Market
Last Updated : Jun 16 2017 | 8:28 PM IST

For aggregate receivable of Rs 539.67 crore

Bharat Financial Inclusion (formerly known as 'SKS Microfinance') on 16 June 2017 assigned a pool of receivables of an aggregate value of Rs. 539.67 crore to one of the largest public sector banks on a direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This is the first Direct Assignment Transaction during FY18.

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First Published: Jun 16 2017 | 8:07 PM IST

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