Aggregating to Rs 25 crore
SKS Microfinance announced that the Company issued Commercial Papers of an aggregate amount of Rs. 25 crore on 21 August 2015, which have been rated 'A1+' by a leading rating agency. Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.The aggregate Commercial Paper outstanding as on date is Rs. 450 crore.
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