Sks Microfinance Limited

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  SKS Microfinance Surges as RBI Increases Loan Disbursal Limit

  The RBI increased the loan limit for these lenders to Rs 30,000 from Rs 15,000 earlier for loans of less than 24 months maturity.

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  Buy Tata Steel, SKS Microfinance: Hemen Kapadia

  Hemen Kapadia, senior vice president at KR Choksey, prefers going long on individual stocks than broader markets at current levels in the near term, as a limited upside seen in the Nifty.

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  Bharti Airtel, SKS Microfinance Eye Niche Bank Licences

  As the deadline approaches for applying for niche bank licences, telecom major Bharti Airtel said on Thursday that it will apply for setting up a payment bank while SKS Microfinance will seek permit for a small finance bank.

• SKS Microfinance plans to raise Rs 400 crore via QIP in FY15

  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.

• SKS completes securitisation deal of Rs 55.56 crore

  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.

• SKS Microfinance posts Rs 16.3-crore net in Q2

  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.

• SKS completes securitisation transaction worth Rs 321 crore

  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.

• SKS Microfinance independent director Ranjana Kumar resigns

  Ranjana Kumar, an independent director of SKS Microfinance Ltd, submitted her resignation, a top official said on Wednesday.

• SKS Micro jumps 5% on hike in FII limit

  The company's shareholders have approved hiking the foreign institutional investment (FII) limit to 74 per cent from current 24 per cent.

• SKS Microfinance falls 10%, stock hits lower circuit limit

  Shares of SKS Microfinance, the country's largest micro-finance lender, today tanked by 10 per cent on the bourses to touch the lower circuit limit hit by  massive selling pressure. The stock, which opened the day on a weak note touched  its lower circuit limit of Rs 476, down 9.99 per cent from its previous close on the BSE. T...

• SKS Microfinance rallies 10%, stock hits upper limit on bourses

  Continuing its rally for the second straight session, shares of SKS Microfinance spurted by 10 per cent to touch the upper limit during intra-day trade on the BSE on Wednesday amid a sluggish broader market sentiment. The counter of the country's largest microfinance player saw brisk buying, helping the stock touch the upper circuit of Rs 32...