Completes direct assignment transactions worth Rs. 1,711.55 crore in FY18
Bharat Financial Inclusion (formerly known as 'SKS Microfinance') on 22 December 2017 assigned a pool of receivables of an aggregative value of Rs. 653.03 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 third direct assignment transaction in FY18.With this transaction, the Company has completed direct assignment transactions worth Rs. 1,711.55 crore in FY18.
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