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.