CreditAccess Grameen Limited finished a Direct Assignment of Rs. 138.89 crore on June 26, 2019. This is the primary Direct Assignment transaction initiated during the FY-2019-20. With this transaction, the Company has completed one Securitization and one Direct Assignment transaction totaling to Rs. 249.24 crore in FY-2019-20.
The whole Direct Assignment pool qualifies for Priority Sector treatment as in line with the suggestions prescribed with the aid of the Reserve Bank of India.
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