Bharat Financial Inclusion undertakes its first Direct Assignment Transaction for FY18

For aggregate receivable of Rs 539.67 crore

Bharat Financial Inclusion (formerly known as 'SKS Microfinance') on 16 June 2017 assigned a pool of receivables of an aggregate value of Rs. 539.67 crore to one of the largest public sector banks on a direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This is the first Direct Assignment Transaction during FY18.

Powered by Capital Market - Live News