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SKS Microfinance informs about company updates

17 Mar 2016 Evaluate

SKS Microfinance has informed that on March 16, 2016 completed the sixth securitization transaction during FY16 for a pool value of Rs 214.61 crore. With this transaction, the total sum of securitization completed during FY16 (YTD) is Rs 1,781.82 crore. The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of India’s Priority Sector lending guidelines. The pool has been rated AA (SO) by a leading rating agency, signifying a high degree of safety regarding timely servicing of financial obligations. Such instruments carry a very low credit risk.

The above information is a part of company’s filings submitted to BSE.

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