Latest News on Microfinance
Showing of 0 - 10 from 62 results
Microfinance - Total results - 62
Nov 23, 2011
India's microfinance posterboy Akula steps down, where do SKS investors stand?The stock that touched Rs 1,491 in September last year is now a shadow of its former self at Rs 110.
Nov 10, 2011
Here's the secret behind SKS' mess upRead on to know about why SKS Microfinance lost its glory.
Nov 08, 2011
SKS loan book shrinks Rs 9 cr each dayEarlier this week, the company reported a quarterly loss of Rs 385 crore, up from Rs 218 crore in the past quarter.
Nov 03, 2011
Micro Finance Bill likely to be introduced in Winter SessionThe government is likely to introduce the draft Micro Financial Sector (Development and Regulation) Bill, 2011 in the Winter Session of Parliament, official sources said.
Sep 29, 2011
Share Microfin gets Rs 1,200 cr debt restructuring dealShare's total debt stands at Rs 1,900 crore, of which Rs 1,200 crore has been restructured and the remaining Rs 700 crore is held by lenders in the form of preferential shares with conversion rights.
Sep 09, 2011
SKS Micro finds its feet again, Akula on way out?The attempt to remove Dr Akula can at best be seen as an image makeover for the company, which has taken a big hit since Gurumani was sacked as the CFO.
Aug 25, 2011
Nabard refinancing rates won't come easy, results countThe Reserve Bank of India (RBI), of late, has been asking banks to step up their priority sector lending. Under current regulations, banks are required to lend 40 percent of their loans to agriculture, exports and other sections recognised as priority sectors.
Aug 24, 2011
Gold loans bubble is sure to pop sooner than laterThe loans-against-gold business is growing like gangbusters. But competition is growing and margins thinning. If gold prices fall, there is a danger of the business suddenly hitting the skids.
Jul 07, 2011
SKS Microfinance on edge after draft law, but pulls backThe central government bill proposes to override all existing laws and, if passed by Parliament, will remove the uncertainty caused by the rules imposed by Andhra Pradesh.
Jul 04, 2011
Microfinance starts to rework a future outside AndhraThe growth of credit in the micro-finance space is not that slow. According to RBI data on credit deployment by banks, micro-credit grew 16.5% to Rs 25,231 crore in May 2011.