Epic Update : SKS Microfinance

SKS Microfinance has completed a securitization transaction worth Rs 54.63 crore with a private sector bank. The pool of receivables securitized are rated A1+ (SO) by one of the leading Credit Rating Agencies. This is the third such transaction in the current fiscal. Instruments with A1+ (SO) rating are considered to have a strong capacity for timely payment of short-term debt obligations and carry the lowest credit risk.

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