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SKS MICROFINANCE LIMITED
SKS Microfinance renamed Bharat Financial InclusionThe company was mired in serious controversy in late 2010 due to rising spate of suicides by its borrowers, triggered by allegedly coercive...
No licence! Banking aspirants SKS Micro, Diwan Housing may underperform market in short termThe 10 applicants were chosen from 72 applicants following detailed scrutiny of financial viability, business plans and other checks by thr...
Treat SKS Microfinance like an expensive growth stock: P Phani SekharConsidering the valuation versus the RoE, and the growth potential, microfinance stocks need to be treated as expensive growth stocks, says...
SKS Microfinance plans to raise Rs 400 crore through QIP in FY'15SKS Microfinance Limited is planning to raise Rs 400 crore through QIP route in the next fiscal by diluting a maximum of 20 per cent stake.
SKS Microfinance completes securitisation deal of Rs 55.56 croreSKS Microfinance, India's only listed micro-lender, said it completed a securitisation deal of Rs 55.56 crore though a private sector bank.
SKS completes securitisation transaction worth Rs 321 croreThe company said the transaction is perhaps the first substantial securitisation deal in FY14 in the micro finance sector.
Vikram Akula assures bright future for SKS if given a chanceAkula, once considered the poster boy of the microfinance industry, was given an unceremonious exit from SKS in November 2011.
SKS Trusts may contest rejection of berth on Microfinance board by approaching CLBSKS Trusts, which was denied a berth on SKS Microfinance Limited Board, said it will look at approaching the Company Law Board.
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 Trust Advisors raises stake to 8.8% in SKS MicrofinanceSKS Trust the original promoter of SKS Microfinance has raised its shareholding in the Hyderabad based firm as well as asked for a seat on ...
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 Microfinance shares surge on completion of securitisation dealsSKS Microfinance shares hit a 10% upper circuit after the company concluded two microfinance securitization transactions aggregating to Rs ...
- SKS Microfinance Q1 loss at Rs 39 cr; shares end down
SKS Microfinance today said its net loss has narrowed down to Rs 39 crore in the quarter ended June 30, from a net loss of Rs 329 crore in ...
- SKS Microfinance raises Rs 263 crore through QIP, preferential allotment
SKS Microfinance today raised Rs 263.5 crore though preferential allotment and qualified institutional placement.
SKS Microfinance secures 248 jobs for displaced employeesSKS Microfinance on Monday announced that it has secured employment for 248 displaced employees following its collaboration with leading co...
- 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...
- SKS securitises Rs 354 cr from public lender
Under the pool securitisation, bundling micro loans made to borrowers like micro-entrepreneurs are sold to investors such as banks to raise...
- ‘Catamaran’s investment in SKS was to help poor’
Mr Narayana Murthy, founder of Infosys Technologies, whose Catamaran fund bought shares in SKS Microfinance ahead of the initial public off...
- SKS to roll out health insurance product for rural poor
SKS Microfinance Private Limited, a microfinance company has tied up with ICICI General Lombard, to roll out its health insurance product `...
- SKS rules out reduction of interest rates
SKS Microfinance Private Limited on Wednesday categorically ruled out reduction of interest rate on the loans it provides to rural poor, as...