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Bharat Financial Inclusion informs about company updates

23 Nov 2018 Evaluate

Bharat Financial Inclusion has informed that the company on November 22, 2018, completed the fifth securitization transaction of Rs 218.32 crore in FY19. With this transaction, the company has completed five securitization transactions worth Rs 2,553.03 crore in FY19. 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 very low credit risk.

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

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