Sks Microfinance

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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
Mumbai: SKS Microfinance Ltd, India’s largest publicly traded lender to the poor, says proposed legislation will spur a revival by easing loan recovery just as mounting losses force it to curtail operations. The draft law would let microcredit companies ...
May 17, 2012 at 18:50 | Source: Livemint.com
Sudarshan Sukhani of s2analytics.com is of the view that one can buy SBI. He also feels that SKS Microfinance may slip to Rs 50. Sukhani told CNBC-TV18, “I should be buying State Bank of India (SBI) but today I am not very keen to do anything. But if it ...
May 23, 2012 at 07:09 | Source: MoneyControl.com
REUTERS - SKS Microfinance Ltd(SKSM.NS), the only listed microfinance company in India, said on Thursday it planned to reduce its headcount by a third and shut some branches in Andhra Pradesh state amid mounting losses. SKS' business in Andhra ...
May 10, 2012 at 13:22 | Source: Reuters India
SKS Microfinance Ltd. (SKSM), India’s largest publicly traded lender to the poor, says proposed legislation will spur a revival by easing loan recovery just as mounting losses force it to curtail operations. The draft law would let microcredit ...
May 17, 2012 at 01:04 | Source: Businessweek
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, the ...
May 7, 2012 at 16:39 | Source: Livemint.com
After the State Government enacted the Andhra Pradesh Microfinance Institutions (Regulation of Moneylending) Act, 2010, the harassment of borrowers has come down, but MFIs' balance sheets have started showing poor results. For instance, SKS Microfinance ...
May 22, 2012 at 16:21 | Source: Hindu Business Line
SKS Microfinance is down over 4 percent after the government introduced the much-awaited microfinance bill in the Lok Sabha. Idea Cellular is tumbling 3.7 percent after reportedly slashing its 3G tariffs by up to 70 percent. Container ...
May 23, 2012 at 03:13 | Source: NASDAQ
(Economic Times) * SKS Microfinance Ltd, the only listed microfinance company in India, said on Thursday it planned to reduce its headcount by a third and shut some branches in southern Andhra Pradesh state amid mounting losses. * International ...
May 11, 2012 at 03:41 | Source: Reuters UK
SKS Microfinance is trading higher by 2.2% at Rs 82 on reports that securitised microfinance loans are getting grades that are better than the ratings assigned to micro lenders selling these portfolios. The broader markets have also opened on a firm note.
May 22, 2012 at 05:01 | Source: Business Standard