CreditAccess Grameen has informed that it has completed a Direct Assignment of Rs. 132.46 Crore on September 30, 2019. This is the second Direct Assignment transaction initiated during the FY2019-20. With this transaction, the Company has completed one securitization and two Direct Assignment transactions totaling to Rs 381.70 crore in FY2019-20.The entire Direct Assignment pool qualifies for Priority Sector treatment as per the guidelines prescribed by the Reserve Bank of India.
The above information is a part of company’s filings submitted to BSE.
