On Thursday, SKS Microfinance said that it has raised Rs 214.61 crore through a securitisation deal.

It said in a BSE filing that “It has on March 16, 2016 completed the sixth securitisation transaction during 2015-16 for a pool value of Rs 214.61 crore.”

With this transaction, the total sum of securitisation completed during the current fiscal (year-to-date) is Rs 1,781.82 crore, it said.

It further said that “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.”

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