SKS Microfinance Ltd completed two securitisation deals aggregating Rs 390 crore with two banks in public and private sector.

“The present transactions generate liquidity of Rs 370 crore for SKS Microfinance and also bring in concomitant capital relief,”' S Dilli Raj, Chief Financial Officer, SKS Microfinance, said in release on Monday.

The entire pool qualifies for the weaker section treatment as per the Reserve Bank of India's priority sector lending guidelines, the company said.

SKS Microfinance’s scrip touched upper circuit limit by gaining 10 per cent on the Bombay Stock Exchange on Monday to end at Rs 145.75.

naga.gunturi@thehindu.co.in

(This article was published on February 11, 2013)
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