Bharat Financial Inclusion Ltd - Direct Assignment of Receivables of Rs.271.73 crore

Bharat Financial Inclusion Ltd has informed BSE that the Company on January 11, 2017 assigned a pool of receivables of an aggregate value of Rs. 271.73 crore to one of the largest public sector banks on direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This may be one of the largest assignment transactions in the microfinance industry post demonetization.