SKS Microfinance has announced another round of securitisation worth Rs 55 crore. This is the fourth round of securitisation this fiscal by India’s only listed microfinance company.
The first three rounds involved: Rs 321 crore in September, and Rs 80.81 crore and Rs 215 crore earlier this month.
The firm downloaded the receivables from micro loans extended to more than 72,000 rural women entrepreneurs to a special purpose vehicle, which were purchased by a private sector bank.