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SKS Microfinance issues Commercial Papers

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Capital Market
Last Updated : Jul 25 2015 | 1:01 PM IST

Aggregating Rs 50 crore

SKS Microfinance has issued Commercial Papers of an aggregate amount of Rs. 50 crore on 24 July 2015, which has 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. 425 crore.

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First Published: Jul 25 2015 | 11:36 AM IST

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