FIIs hike stake in SKS to record high of 31.77%

Turning bullish on the country's only listed microfinance company, foreign investors have hiked their stake in SKS Microfinance to an all-time high of 31.77 percent in the July-September quarter -- from a record low of 8.33 percent at the end of preceding three-month period.

SKS Microfinance to raise funds via share sale

SKS went public last August in a successful initial public offering and raised $358 mn.