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SKS Microfinance announces ratings upgrade

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Capital Market

For bank borrowing

SKS Microfinance announced that the credit rating for bank borrowing has been upgraded by a leading rating agency to A1+ from A1 for short term facilities and to A+ from A for long term facilities for an aggregate sum of Rs 2,000 crore. The Company's borrowings were at Rs 1456.19 crore as of 31 May 2014.

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First Published: Jun 17 2014 | 10:56 AM IST

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