Profit

No question of insolvency: SKS Microfinance chief

PUBLISHED ON: May 13, 2011 | Duration: 21 min, 32 sec

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In an exclusive interview with NDTV, Vikram Akula, executive chairman of SKS Microfinance said despite the company reporting a net loss of Rs 70 crore for Q4, there is no question of insolvency as it has strong networths. He adds that disbursement in Andhra Pradesh in second half of last fiscal has virtually been nil.
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