SKS Microfinance ltd on Saturday said it has completed second securitisation transaction for a pool value of Rs 243.08 crore. “SKS Microfinance on Saturday completed the second securitisation transaction for a pool value of Rs 243.08 crore during 2015-16. With this transaction, the total sum of securitisation completed during 2015-16 is Rs 326.73 crore," it said in a filing on the BSE.
SKS said the entire pool qualifies for priority sector treatment as per RBI's priority sector lending guidelines. It said the pool value has a high degree of safety regarding timely servicing of financial obligations. Such instruments carry a very low credit risk,” it said further.