Bharat Financial Inclusion assigns receivables aggregating Rs 271.73 cr

On direct assigment basis as per RBI guidelines

Bharat Financial Inclusion announced that the Company on 11 January 2017 assigned a pool of receivables of an aggregate value of Rs. 271.73 crore to one of the largest public sector banks on direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This may be one of the largest assignment transactions in the microfinance industry post demonetization.

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