Worst over for AP portfolio, to continue with securitisation deals: SKS Microfinance
PUBLISHED ON: May 8, 2012 | Duration: 5 min, 19 sec
India's only listed micro-lender SKS Microfinance reported a fifth straight quarterly loss, hurt by higher bad debt provisions and loan write-offs. PH Ravikumar, Non-Executive Chairman of SKS Microfinance told NDTV Profit that the disbursements picked up in the fourth quarter. "Worst is over for the AP portfolio," he said adding that the company will continue with securitisation deals.