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SKS TRUST
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...- Vikram Akula buys 26 per cent stake in start-up Vaya; eyes small bank licenceAkula, once seen as the poster boy of microfinance in India, has joined the Hyderabad-based business correspondent firm as Chairman.
- SKS Trust Advisors sells 7.6 per cent stake in SKS MicrofinanceShares were sold for an average price of Rs 222.44, valuing the transaction at Rs 182.61 cr. SKS Trust had sold 0.03% stake for Rs 92.52 la...
- Vikram Akula to bury past, SKS Trust to sell stake in SKS MicrofinanceVikram Akula has given up the battle to re-establish his presence in SKS Microfinance — the company he had founded but was forced to quit.
- SKS Microfinance says Vikram Akula no more its promoterSKS Microfinance today said it will cease to treat a few entities, including Vikram Akula and Sequoia Capital India Growth Investments, as ...
- SKS management denies irregularities at AGMSKS Microfinance, on Thursday denying any irregularities in the annual general body meeting declined to recall any decision taken at the me...
- SKS Microfinance shareholder alleges irregularities in AGMWhen contacted, a spokesperson of SKS Microfinance said the annual general meeting, including the voting process, had been conducted as per...
- 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...
- SKS Promoter entity plans to move Company Law Board against SKS MicrofinanceThe trust, led by Bikshamaiah Gujja, a well-known social scientist, is disappointed with the SKS Microfinance board for denying a board sea...
- Vikram Akula’s attempt to return to SKS Microfinance rests on Rs 250 crore trustsEarlier, Akula and some SKS board members vehemently disagreed on how these trusts should be governed.
- 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 Microfinance refuses board seat to Vikram AkulaSKS Microfinance has denied a board seat to its founder Vikram Akula, saying that under its charter minority shareholders have no right to ...
- SKS Microfinance says its shareholders have no right to nominate directorsSKS Microfinance today said none of its shareholders have any right to nominate a director on the company board.
- 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 ...
- ET Investigation: Vikram Akula clarifies and our responseThe articles, "Uplifting Promoters in the Name of Downtrodden" and "The Poor as Puppets" in The Economic Times of January 31, 2011, created...
- ET Investigation on MFIs: Vikram Akula of SKS Microfinance clarifies and our responseET's investigation has revealed that the quality of governance and level of transparency in the mutual benefit trusts (MBTs) that own/owned...
- SKS Microfinance: Promoters got the better of poor women borrowersThere are issues on how its five SKS MBTs were managed.
- Top 3 microfinance companies used poor as puppetsThey say their mission is to serve the poor. Yet, promoters of top three microfinance companies used poor women to structure equity in thei...
- SKS faced power tussles in past tooEven as reasons for sacking of Suresh Gurumani continue to be shrouded in mystery, it emerges that this is not the first time that India's ...
- SKS Microfin may offer shares at a discount to retail investorsSKS Microfinance may offer shares at a discount to retail investors in its forthcoming initial public offering which opens for subscription...
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