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Bharat Financial completes 6.53B-rupee securitization

Bharat Financial Inclusion Ltd. completed a securitization transaction worth 6.53 billion Indian rupees.

The company said Dec. 22 that the transaction is its third one in fiscal 2017-2018 and brings the total amount to 17.12 billion rupees.

As of Dec. 25, US$1 was equivalent to 64.05 Indian rupees.