SKS Microfinance to raise Rs 400 crore; plans management rejigSKS Microfinance plans to raise up to Rs400 cr, third such capital issue to tap into fresh lending opportunities arising from rural buoyanc...
06 Feb, 2014, 04.07 AM IST
WestBridge to buy 1.74% SKS stake, to emerge second largest holderWestBridge Ventures, which currently holds 4.32% stake in India’s only listed micro lender SKS Microfinance, has agreed to buy another 1.74...
13 Nov, 2013, 07.53 AM IST
Tata Capital moves HC against SKS Ispat’s demerger plan to recover dues of about Rs 50 croreTata Capital, a financial arm of Tata Group has filed a notice against SKS Ispat & Power in a bid to recover dues of about Rs 50 crore.
15 Oct, 2013, 05.35 AM IST
- 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.
11 Feb, 2013, 06.35 PM IST
Hostile Andhra Pradesh forces SKS microfinance to shift base to MumbaiPut off by stifling rules & a hostile business environment, SKS Microfinance will move its headquarters from Hyderabad to Mumbai.
10 May, 2012, 03.51 AM IST
- After Suresh Gurumani termination, SKS Microfinance wants Vikram Akula to step down from executive chairman post
Vikram Akula, the one-time poster boy of microfinance is under threat of losing control over the company he launched in 1998. Some SKS boar...
16 Aug, 2011, 04.33 AM IST
- Once cursed, IPO may be SKS Microfinance’s blessing
Industry observers say micro-lender is best placed to survive current crisis with its greater capital buffer.
11 May, 2011, 05.35 AM IST
- Gurumani fired due to interpersonal issues: SKS chief Akula
SKS chief Vikram Akula said that CEO termination was not due to financial irregularities. He said that SKS will work closely with SEBI, RBI...
12 Oct, 2010, 04.15 PM IST
- SKS Microfinance fixes IPO price band at Rs 850-985 per share
The nation's largest microfinance company SKS Microfinance on Monday fixed the price band of its IPO at Rs 850 to Rs 985 per share.
26 Jul, 2010, 02.01 PM IST
- SKS Microfin may offer shares at a discount to retail investors
SKS Microfinance may offer shares at a discount to retail investors in its forthcoming initial public offering which opens for subscription...
21 Jul, 2010, 03.24 AM IST
- India's first IPO by microfinance firm to open on July 28
SKS Microfinance's public offer, through which it expects to mop up as much as Rs 1,300 crore, will hit the capital market on July 28.
13 Jul, 2010, 05.08 PM IST
- SKS MF gets Sebi nod for IPO; issue likely by end-July
India's largest microfinance firm, SKS Microfinance is likely to hit the market with its proposed initial sharesale by the end of this mont...
11 Jul, 2010, 11.05 AM IST
- SKS Microfinance bosses unload shares ahead of issue
SKS Microfinance chairman Vikram Akula has part sold his stake in the company making a 12-fold profit before an initial public offer which ...
31 Mar, 2010, 06.18 AM IST
- SKS Microfinance mops up Rs 366 cr
SKS Microfinance on Monday announced that it has raised $75 million (Rs 366 crore) from a host of investors including Sandstone Capital, SK...
11 Nov, 2008, 01.25 AM IST
- SKS Micro-finance raises Rs 366 crore
Sources close to the development said the list of investors include Kismat Capital, SBD India Capital, and Standstone Partners.
10 Nov, 2008, 03.27 PM IST
- SKS Microfinance set to raise capital by Rs 130 cr
Blue chip microfinance lender SKS Microfinance is likely to induct a new investor next year to raise capital to meet its expansion plans. I...
13 Jun, 2008, 12.00 AM IST
- sks Micro announces Rs 50 cr equity infusion
Microfinance institutions (MFIs) have finally begun looking beyond banks for their credit requirements.
30 Mar, 2007, 03.30 AM IST