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Vikram Akula plans a second innings in microfinance with Vaya FinservVaya Finserv, a business correspondent for banks, will apply to become a small bank to commence lending and deposittaking activities in unb...- Specialised NBFCs will benefit: Dipan Mehta'We are quite positive on the NBFC sector and they have demonstrated good growth rates, some amount of regulatory overhang also has got dis...
- SKS Microfinance’s now the toast of smart investorsThe reasons, according to analysts, could be more mundane but long lasting: good financial performance over the past few quarters.
- SKS Microfinance sees no impact of interest rate cap removal by RBIRBI decision to remove the 26% interest rate cap on loans given by micro-finance cos regulated by it is unlikely to significantly impact SK...
- SKS Microfinance hopes new law to revive growth by easing loan recoverySKS Microfin, says proposed legislation will spur a revival by easing loan recovery just as mounting losses force it to curtail operations.
- Sidbi lends Rs 100 crore to SKS Microfinance with strings attachedSidbi 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 ...
- We expect to turn profitable from Q1 of FY13: PH Ravikumar, SKS MicrofinanceWe expect to be in profitability from the first quarter of the next fiscal and we also believe that the worst phase is over for us.
- Vikram Akula handpicks 40 employees of SKS Microfinance for his mobile banking ventureAkula, who quit as executive chairman of SKS on November 23, selected these employees after an agreement with SKS.
- SKS to raise Rs 500 crore through QIP route this fiscalSKS Microfinance, the only listed micro lender, today said it would raise Rs 500 crore through QIP route in the current fiscal.
- SKS Microfinance to spend Rs 15 crore on improving grievance redressalSKS Microfinance today said it will invest Rs 15 crore over the next three years for strengthening customer grievance redressal.
- Avoid SKS Microfinance: Rajat Bose"I would suggest that avoid SKS Microfinance. There is no bargain out here. "
- SKS Microfinance seen struggling short-term; stock up 9%Lender-to-the-poor SKS Microfinance, whose shares have taken a beating on a gloomy sector outlook, expects fresh difficulties in coming qua...
- SKS Microfinance shares plunges 20% ahead of reporting Q4 lossSKS shares plunged 20% to Rs 331.8 apiece, off 65% from its initial public offering price of Rs 935 a share. JPMorgan cut the target 60% to...
- Genesis hikes stake in SKS Microfinance to 5.06 pcUK-based Genesis Asset Managers has raised its holding in India's only listed micro finance company SKS Microfinance to over 5 per cent.
- SKS Microfinance has loan sanction of Rs 2,000-crore, says CFOWelcoming the Malegam committee recommendations, he said putting a cap on interest rate of the MFIs needs to be looked into in a holistic m...
- AP govt mulls law to regulate MFI interest ratesThe Andhra Pradesh government is mulling to put a cap on the interest rates charged by the microfinance companies through a new law, a top ...
- Fears of regulatory checks drag SKS Micro downBrokers are advising clients against buying shares of SKS Microfinance till there is clarity on microfinance regulations.
- Stay invested in Manappuram: Satish BetadpurWe have recommended Manappuram since Rs 110 levels. One needs to be invested in Manappuram at these levels also.
- SKS Microfinance to always have better PE multiple: Gajendra NagpalSKS Microfinance will always have a better PE multiple compared to IDBI or the other banks and probably would have a better market cap on t...
- SKS rules out reduction of interest ratesSKS Microfinance Private Limited on Wednesday categorically ruled out reduction of interest rate on the loans it provides to rural poor, as...
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