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Sensex surges 176 points, breaches 19,000 mark; Rupee down
The Indian equity markets surged and closed 176 points higher after a sluggish few days. Sensex closed at 19041, up 0.93 percent and the Nifty closed at 5748, up 0.77 percent nudged by global cues. #SKS Microfinance #MarketClose #Sterlite Industries #United Spirits
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SKS Microfinance aims to raise Rs 3,000 cr next fiscal
SKS Microfinance, India's only listed micro lender, may raise Rs 3,000 crore during the next fiscal to meet its lending requirements, a senior official of the company said. #HowThisWorks #RBI #SKS Microfinance #Borrowing Rates
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Sensex hits four-month low; ICICI Bank, SBI drag
It was a flat close for Indian equity markets today as Sensex closed 55 points down on global cues. Sensex closed at 18737.75, down0.29 percent and the Nifty closed at 5651.35, down, 0.13 percent #Sensex #nifty #Tata Motors #SKS Microfinance #SAIL #MarketClose
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Deseret NewsMistake or Miracle: New evidence on the effects of microcredit
For years microfinance, the practice of making small loans to the poor, has been lauded as a promising solution for eradicating poverty in the developing world. The idea is that a small loan could enable some poor people to invest in business opportuniti #Muhammad Yunus #Northwestern University #Bangladesh
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The East AfricanMicro-lenders see boom in deposits under new law
Newly licensed deposit taking microfinance institutions saw their customer deposits rise by 51 per cent over the past one year, helping them reduce their reliance on costly development financiers. New data from the Central Bank of Kenya shows total custo #Kenya
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Economic TimesPEs may look at CEO penalty clause in deals
MUMBAI: Private equity and entrepreneurs form a heady mix. While private equity firms look for individuals with cracker business ideas, the latter look for capital to back their dreams. And so in their attempt to strike gold, private equity takes risks o #London #Apax Partners #Bain Capital