Don’t miss the latest developments in business and finance.

SKS Microfinance issues commercial papers aggregating Rs 100 crore

Image
Capital Market
Last Updated : Jul 06 2015 | 7:47 PM IST

On 06 July 2015

SKS Microfinance announced that the Company issued Commercial Papers of an aggregate amount of Rs.100 crore on 06 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.375 crore.

Powered by Capital Market - Live News

Also Read

First Published: Jul 06 2015 | 6:37 PM IST

Next Story