Bharat Financial Inclusion has informed that the company today assigned a pool of receivables of an aggregate value of Rs 833.80 crores 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 fourth Direct Assignment transaction in FY19. With this transaction, the company has completed Direct Assignment transactions worth Rs 3,015.55 crores in FY 19.
The above information is a part of company’s filings submitted to BSE.