Walk The Talk with Vikram Akula (Aired: June 2007)
Feb 14, 2014
MFIs: Green shoots emerging?
Feb 1, 2013
Thursday August 28, 2014
India's microfinance industry has $90 billion demand potential, says Morgan Stanley, while adding that SKS is in a better position than most peers.
Friday July 25, 2014
With some respite in its borrowing cost in the first quarter due to the profit it had made last year and on higher capital base, SKS Microfinance has announced 1 percentage point reduction in lending rates
Friday July 25, 2014
As per Bombay Stock Exchange record FII (Foreign Institutional Investors) holding in the stock have increased to a record 44.61 per cent as of June 30.
Friday July 25, 2014
There was 35 per cent surge in SKS share price between April and June, while the BSE benchmark index Sensex grew by over 13 per cent during the period.
Wednesday June 25, 2014
This move will help banks to increase their reach in remote areas where it is not cost effective to set up a branch.
Thursday May 22, 2014
SKS Microfinance Ltd on Thursday said its Rs 400-crore qualified institutional placement (QIP) was oversubscribed multiple times.
Wednesday May 21, 2014
SKS Trust Advisors, the largest shareholder of SKS Microfinance, on Wednesday offloaded a 7.6 per cent stake in the microfinance player for more than Rs 182 crore through open market route.
Saturday May 3, 2014
SKS Microfinance on Friday said it will cease to treat a few entities, including Vikram Akula and Sequoia Capital India Growth Investments, as its promoters.
Monday April 28, 2014
Total income of the company stood at Rs 138.29 crore during the last quarter of FY14, up from Rs 95.09 crore over the corresponding period a year ago, it said in a filing to the BSE.
Monday February 24, 2014
Micro-lender SKS Microfinance today said it has completed seventh round of asset securitization worth Rs 158.27 crore in the current financial year.
Sunday February 9, 2014
Foreign Institutional Investors held 36.90 per cent stake in SKS during the July-September quarter, and raised it to 38.36 at the end of December 31, as per the latest information available with the stock exchanges.
Wednesday February 5, 2014
SKS Microfinance Limited is planning to raise Rs 400 crore through qualified institutional placement (QIP) route in the next fiscal year (FY15) by diluting a maximum of 20 per cent stake.
Friday January 31, 2014
SKS Microfinance, India's only listed micro-lender, on Thursday said it completed a securitisation deal of Rs 55.56 crore though a private sector bank.
Thursday December 19, 2013
Under the PSL guidelines, banks are mandated to lend nearly 40 per cent of their annual lending to the priority sector.
Sunday December 15, 2013
Investigations are in progress and services of employees involved in the fraud have been terminated and the company is in the process of taking legal action, according to the company's latest annual report.
Thursday December 12, 2013
According to a press release issued SKS Microfinance, the deal involved downloading receivables from micro loans extended to 100,850 rural women entrepreneurs through a Special Purpose Vehicle whose Pass Through Certificates (PTCs) have been purchase...
Thursday October 24, 2013
SKS Microfinance said on Wednesday that its profit after tax (PAT) in the second quarter of the current fiscal year (FY14) was at Rs 16.3 crore.
Wednesday October 23, 2013
Foreign Institutional Investors (FIIs), which held 35.83 per cent holding in SKS during July-September 2012, raised its stake to 36.90 at the end of September 30, 2013, as per latest information available with the stock exchanges.
Monday September 30, 2013
The company said the transaction is perhaps the first substantial securitisation deal in FY14 in the micro finance sector. The name of the bank was, however, not revealed.
Friday September 27, 2013
SKS Microfinance Ltd, the only listed micro lender in the country, on Thursday reappointed M Ramachandra Rao as its managing director and chief executive officer for a period of 5 years with effect from October 4.