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SKS Microfinance completes securitization transaction worth Rs 63 crore

22 Feb 2013 Evaluate

SKS Microfinance has completed a securitization transaction of Rs 63 crore pool, rated A1+ (SO) with a private sector bank. This is the eight securitization transaction in FY13 and, with this the company has completed securitization transactions aggregating pool value of Rs 866 crore in FY13.

SKS Microfinance (SKS) is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 17 states of India.

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