Sidbi has put a condition that the troubled MFI will have to use the resource for on-lending to the poor outside Andhra, and especially in ...

Under the pool securitisation, bundling micro loans made to borrowers like micro-entrepreneurs are sold to investors such as banks to raise...

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.

Country's largest MFI SKS Microfinance today said it will raise up to Rs 900 crore through issue of shares to institutional investors.

Microfinance institutions operating in Andhra Pradesh have stopped making fresh loans due to their mounting non-performing assets.

The auditors have also brought under its lens 205 cases where loans were disbursed to non-existent borrowers on the basis of fictitious doc...

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 - the largest microfinance institution in the country - has completed another deal worth Rs 550 crore with two banks.

SKS Microfinance - the largest microfinance institution in the country - has completed another deal worth Rs 550 crore with two banks.

The securitisation is of receivables from 7.5 lakh micro borrowers. Pool receivables were identified from 18 non-AP states where SKS operat...

The year 2010 was not good for Microfinance Institutions (MFIs). They entered the year on a high. Growth rates were dizzying. Players were ...

JPMorgan cut its profit forecasts for leading Indian microfinance lender SKS Microfinance by 25 to 35 percent for the next three financial ...

Things have certainly moved rapidly for this industry - from being hailed as harbinger of a social change around two or three years to havi...

SKS Microfinance may offer shares at a discount to retail investors in its forthcoming initial public offering which opens for subscription...

Vikram Akula-promoted SKS Microfinance has recently raised Rs 147 crore through a third round of equity infusion.

We can’t get enough capital needed by MFIs to reach out to the poor from social investors who are happy with the no-profit, no-loss model, ...

Microfinance institutions (MFIs) have finally begun looking beyond banks for their credit requirements.