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SKS Microfinance, the only listed micro lender in the country, plans to offer an endowment life insurance policy to its borrowers once again. The Hyderabad-based micro finance company had exited this business in 2009. An endowment policy is a life ...
May 24, 2012 at 18:49 | Source: Business Standard
SKS has reported five consecutive quarters of losses after the ... and also stipulate rules for debt collection. The Micro Finance Institutions (Development and Regulation) Bill will require all microlenders to register with RBI, create a reserve fund ...
May 17, 2012 at 18:50 | Source: Livemint.com
In a letter to the CM, he said SKS Micro Finance company has closed its shutters, on the plea that it was suffering losses, leaving 1,200 jobless. Stating that most of the employees belong to the poor and weaker sections, he said it was improper ...
May 16, 2012 at 10:31 | Source: postnoon.com
SKS Microfinance Ltd. (SKSM), India’s largest publicly ... and also stipulate rules for debt collection. The Micro Finance Institutions (Development and Regulation) Bill will require all microlenders to register with the RBI, create a reserve ...
May 17, 2012 at 01:04 | Source: Businessweek
Shares of SKS Microfinance, a non-banking finance company (NBFC) rallied as much as 19% to touch a high of Rs 105.70 in early trade on Friday after cabinet cleared Microfinance bill yesterday, overriding state legislations on microfinance institutions.
May 11, 2012 at 04:17 | Source: MoneyControl.com
Hyderabad: SKS Microfinance Ltd, India’s only listed micro-lender, on Monday reported a net loss of Rs 330 crore for the quarter ended 31 March on account of a Rs 272 crore write-off on its Andhra Pradesh loan portfolio. With the latest write-off ...
May 7, 2012 at 16:39 | Source: Livemint.com
Andhra Pradesh accounts for nearly half of the total micro finance business in the country with major players like SKS Microfinance, Spandana Sphoorty Financial, Basix and Share Microfin present in the state.
May 22, 2012 at 10:45 | Source: Daily News and Analysis
Andhra Pradesh accounts for nearly half of the total micro finance business in the country with major players like SKS Microfinance, Spandana Sphoorty Financial, Basix and Share Microfin present in the state.
May 22, 2012 at 10:59 | Source: in.com
IRDA finds ‘massive problems’ in SKS Micro’s insurance operations. Coal India Ltd recorded 5.75 percent growth in production in the first seven weeks of this fiscal compared to the same period in 2010-11. Power Finance Corporation Ltd said ...
May 23, 2012 at 02:08 | Source: firstpost.com
For instance, SKS Microfinance, India's largest and only listed MFI ... The MFIs in turn lend at high rates ranging from 24 to 60 per cent to the poor. In addition to banks, the micro-finance sector gets support from apex agencies such as Rashtriya ...
May 22, 2012 at 16:21 | Source: Hindu Business Line