Bharat Financial Inclusion (formerly known as 'SKS Microfinance') completed a securitization transaction for a pool amount of Rs 2.23 billion. With this, the company has completed four securitization transactions aggregating to Rs 10.75 billion in FY17.

The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of India's Priority Sector lending guidelines. The pool has been rated AA (SO) by a leading rating agency, signifying a 'high degree of safety regarding timely servicing of financial obligations'. Such instruments carry very low credit risk.

Shares of the company gained Rs 14.9, or 1.85%, to trade at Rs 819.05. The total volume of shares traded was 183,608 at the BSE (10.06 a.m., Thursday).