CreditAccess Grameen completes Direct Assignment transaction of Rs 132.46 cr
Capital MarketCreditAccess Grameen has completed a Direct Assignment of Rs. 132.46 Crore on 30 September 2019. This is the second Direct Assignment transaction initiated during the FY-2019-20. With this transaction, the Company has completed one securitization and two Direct Assignment transactions totaling to Rs. 381.70 crore in FY-2019-20.
The entire Direct Assignment pool qualifies for Priority Sector treatment as per the guidelines prescribed by the Reserve Bank of India.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
