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SKS Microfinance

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SKS Microfinance shareholder alleges irregularities in AGM

Dec 04, 2013

SKS Microfinance shareholder alleges irregularities in AGM

SKS Trust Advisors, one of the largest shareholders of SKS Mircofinance, today asked market regulator Sebi to recount votes cast at the micro-lender's annual general meeting, alleging irregularities with regard to proxy votes. #SKS Microfinance #SEBI #Vikram Akula #irregularities #AGM #SKS Trust
Akula eyes comeback but SKS says shareholders can't nominate directors

Sep 10, 2013

Akula eyes comeback but SKS says shareholders can't nominate directors

With its ousted founder Vikram Akula attempting to script a comeback, SKS Microfinance today said none of its shareholders have any right to nominate a director on the company board. #NewsTracker #SKS Microfinance #Vikram Akula #CompanyWatch #SKS Trust
Vikram Akula may be readying for long battle to return to SKS

Sep 09, 2013

Vikram Akula may be readying for long battle to return to SKS

With SKS Trusts demanding a board membership for Vikram Akula, will the erstwhile poster boy of microfinance in India return to the top post at the lender? #Microfinance #SKS Microfinance #Vikram Akula #WhatNext
SKS Microfinance was supposed to be finished, but it's still here

May 09, 2013

SKS Microfinance was supposed to be finished, but it's still here

A company which had earlier seen an almost perfect payback rate began to stumble as a result of non-payment of dues by borrowers, egged on by local politicians. Two years later, the company has come a full circle. #Business #Microfinance #SKS Microfinance #Andhra Pradesh #EarningsShow
Sensex surges 176 points, breaches 19,000 mark; Rupee down

Apr 02, 2013

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
SKS Microfinance aims to raise Rs 3,000 cr next fiscal

Mar 24, 2013

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
Sensex hits four-month low; ICICI Bank, SBI drag

Mar 22, 2013

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
SKS plans to resume lending operations in AP soon

Mar 21, 2013

SKS plans to resume lending operations in AP soon

Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry. #Microfinance #SKS Microfinance #Andhra Pradesh #CompanyWatch