SKS has third largest rural network after Indian Post and SBI: S Dilli Raj, SKS MicroThe new name Bharat Financial Inclusion reflects better our core competence and the primary focus.
SKS shares surge 13% on getting 'A' rating for bank facilitiesThe announcement was made after market hours yesterday. SKS Microfinance scrip zoomed 12.6 per cent to Rs 139.35 on the BSE.
- SKS Microfinance eyes 50% growth in micro-loan disbursals, financial leverage
Buoyed by turnaround in operations, SKS Microfinance, the battered lender for poor, is now eying a growth of some 50% in loan disbursals at...
SKS Microfinance may raise Rs 3,000 cr next fiscalSKS Microfinance may raise Rs 3,000 crore during the next fiscal to meet its lending requirements, a senior official of the company said.
SKS shares surge 10% on completion of securitisation deals"The present transactions will generate liquidity for SKS Microfinance and also bring in the concomitant capital relief", CFO Dilli Raj sai...
- SKS concludes securitisation of two loans worth Rs 390 crore
SKS Microfinance today said it has concluded securitisation of two loans given to small borrowers aggregating to Rs 390 crore.
SKS Microfinance turns corner, eyes 15% RoE next fiscalBattered lender for poor SKS Microfinance, which has turned corner during December 2012 quarter, hopes to post a return on equity (RoE) of ...
- SKS Microfinance to raise Rs 54.48 crore via securitisation deal
The announcement comes close on the heels of its Rs 200 crore securitisation transaction with a leading public sector bank in November 2012.
- SKS securitises loans worth Rs 321 crore
The Rs 321 crore securitisation transactions come close on the heels of two other transactions worth Rs 243 crore and Rs 354 crore in Janua...
- Budget 2012: Microfinance Bill will help SKS recover Rs 800 cr in Andhra Pradesh
SKS said it will be able to collect up to Rs 800 crore from Andhra Pradesh loan portfolio if the Microfinance Bill is passed
- SKS Microfinance trims its loan book by Rs 243 crore
SKS Microfinance has sold 243 crore off its loan book to a bank, enabling it to deploy the proceeds for fresh loans to the poor.
- SKS suffers Rs 428 crore loss, income falls to Rs 83.82 crore
SKS Microfinance has posted a net loss of 428 crore for the December quarter, showing wounds from various blows it has had to endure in And...
- SKS Microfinance plans to prune micro-lending exposure
SKS expects this business, which would largely focus on meeting the needs of existing microfinance borrowers, to help derisk operations fro...
- SKS Microfinance may write-off entire Andhra Pradesh portfolio
Beleaguered Indian microfinance firm SKS Microfinance, which has recently decided to write off Rs 678 crore of loans.
- Micro-lender banks on gold loans to survive
SKS shares surged 10% to touch Rs 298.6, after falling for more than a week amid broking firms’ reports on poor earnings.
- SKS Microfinance lists at premium of over 5 pc at both BSE, NSE
India's leading microfinance firm, SKS Microfinance, made a decent debut on the Bombay Stock Exchange at Rs 1.036, up 5.17 per cent over it...
- SKS Microfinance lists at premium of over 5 pc at both BSE, NSE
India's leading microfinance firm, SKS Microfinance, made a decent debut on the Bombay Stock Exchange at Rs 1.036, up 5.17 per cent over it...