SKS Microfinance has completed two microfinance securitization transactions aggregating Rs 226 crore, rated A+ (SO). With this, the company has completed 12 securitization transactions with seven funding partners aggregating Rs 1,207 crore for FY13.
In addition, SKS Microfinance has also raised incremental debt of Rs 1,680 crore for FY13 and raised fresh equity of Rs 263.5 crore taking the total incremental funding inflow for FY13 to Rs 3,150 crore, which is more than double the Rs 1,434 core raised for FY12.
These 12 securitization transactions helped SKS Microfinance fund around 16 lakh micro loans extended to borrowers belonging to economically weaker sections. All transactions qualify for the priority sector treatment for the purchaser banks.
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.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: