Others

Creditaccess Grameen Ltd - Creditaccess Grameen Limited Completes Securitization Transaction Of Rs 248.35 Crore

| Updated on August 31, 2018 Published on August 31, 2018

We wish to inform that CreditAccess Grameen Limited completed a securitisation transaction of Rs. 248.35 crore on August 31, 2018. With this transaction, the Company has completed five securitization transactions and one Direct Assignment transaction totalling to Rs.733.11 crore in FY19.

The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of Indias Priority Sector lending guidelines. The pool has been rated Provisional IND A (SO) by India Ratings & Research, which signifies adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

We request you to kindly take the above information on your record.

Pdf Link: Creditaccess Grameen Ltd - Creditaccess Grameen Limited Completes Securitization Transaction Of Rs 248.35 Crore

Source : BSE - www.bseindia.com

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on August 31, 2018
This article is closed for comments.
Please Email the Editor