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Bharat Financial Inclusion completes 2nd direct assignment transaction

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Capital Market

For FY 2018

Bharat Financial Inclusion (formerly known as 'SKS Microfinance') on 07 September 2017 assigned a pool of receivables of an aggregative value of Rs. 518.85 crore to one of the largest public sector banks on direct assignment basis as per the guidelines of the Reserve Bank of India. This is the second direct assignment transaction in FY18.

With this transaction, the Company has completed direct assignment transactions worth Rs. 1,058.52 crore in FY 18.

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First Published: Sep 08 2017 | 9:32 AM IST

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