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SKS Microfinance Update by Epic Research

Epic Update SKS Microfinance
Epic Update SKS Microfinance

SKS Microfinance’s credit rating for bank borrowings has been upgraded by a leading rating agency to ‘A1+’ from ‘A1’ for short-term facilities and to ‘A+’ from ‘A’ for long-term facilities for an aggregate sum of Rs 2,000 crore. The company’s borrowings were at Rs 1,456.19 crore as of May 31, 2014. The company expects the upgrade to have a positive impact in terms of reduction in the cost of borrowing.

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Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300
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