Profit

Worst over for AP portfolio, to continue with securitisation deals: SKS Microfinance

PUBLISHED ON: May 8, 2012 | Duration: 5 min, 19 sec

facebooktwitteremailkoo
loading..
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.
ALSO WATCH
"We Are Not Villains": India Inc

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com