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HomeNewsBusinessStocksVikram Akula may exit SKS Micro; stock gains 2.7%

Vikram Akula may exit SKS Micro; stock gains 2.7%

Vikram Akula is going to exit SKS Microfinance. The company board is going to meet today, reports CNBC-TV18.

November 23, 2011 / 10:34 IST

Vikram Akula may exit SKS Microfinance. The company board is scheduled to meet today, reports CNBC-TV18.

SKS Microfinance recently approved fund raising plans of up to Rs 900 crore. Dili Raj, chief financial officer of SKS Microfinance says, the capital is not for capital adequacy, but for growth.

first published: Nov 23, 2011 09:35 am

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