×

Get the best value on your gold today!

ஆசிர்வாத் மைக்ரோபைனான்ஸ் லிமிடெட்          Asirvad Micro Finance Limited          आशीर्वाद माइक्रोफिनॅन्स लिमिटेड         ആശിർവാദ് മൈക്രോഫിനാൻസ് ലിമിറ്റഡ്          ಆಶೀರ್ವಾದ್ ಮೈಕ್ರೋಫೈನಾನ್ಸ್ ಲಿಮಿಟೆಡ್          ਅਸਿਰਵਾਦ ਮਿਕਰੋਫਈਨਂਸੇ ਲਿਮਿਟੇਡ          ଆଶୀର୍ବାଦ ମଇକ୍ରୋଫାଇନାନ୍ସ ଲିଃ          আশির্বাদ মাইক্রো ফাইনান্স লিমিটেড

Asirvad Micro Finance securitises MF portfolio

Wednesday, January 09, 2019

The Hindu Businessline

Currently, it serves to 1.6 million women members through its 930 branches across India

Asirvad Micro Finance Ltd, the microfinance subsidiary of Kerala-based Manappuram Finance Ltd, on Wednesday said it has securitised its microfinance portfolio amounting to ₹250 crore with a public sector bank.

This securitisation held last month, is the eighth tranche for the current financial year and the total pool securitised with different bank amounts to ₹611 crore, a press release said.

The company has raised funds through term loans from banks and leading non-banking finance companies and also signed securitisation deals with banks, it said.

Refer Source