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Bharat Financial Inclusion completes 3rd securitisation transaction of Rs 539.01 crore


Mumbai, Bharat Financial Inclusion completed the third securitisation transaction of Rs 539.01 crore in FY19. With this transaction, the company has completed three securitisation transactions worth Rs 1904.83 crore in FY19, a statement said here. 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 a very low credit risk, it added.

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