SKS Microfinance Ltd has raised Rs 390 crore through securitisation deals with two banks in public and private sector.
“The present transactions generate liquidity of Rs 390 crore for SKS Microfinance and also bring in concomitant capital relief,’’ S. Dilli Raj, Chief Financial Officer, SKS Microfinance, said in a 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.