microfinance - Latest News on microfinance | Read Breaking News on Zee News

Crisil sees 35% growth for MFIs, loan-book at Rs 45K-cr by FY15

Last Updated: Thursday, June 26, 2014, 21:01

The microfinance sector is likely to see buoyant growth in the medium-term and assets are set to reach Rs 45,000 crore by March 2016, says a report.

Micro finance industry's gross loan portfolio up 35% in FY14

Last Updated: Friday, May 30, 2014, 16:09

The data was collected by Microfinance Institutions Network (MFIN), an association for the micro finance industry which has 46 NBFC-MFIs as its members.

Vikram Akula no more promoter of SKS Microfinance

Last Updated: Friday, May 02, 2014, 22:36

SKS Microfinance today said it will cease to treat a few entities, including Vikram Akula and Sequoia Capital India Growth Investments, as its promoters.

FII stake in SKS Microfinance surges to 38% in Oct-Dec qtr

Last Updated: Sunday, February 09, 2014, 12:49

Foreign Institutional Investors held 36.90 percent stake in SKS during the July-September quarter, and raised it to 38.36 at the end of December 31, as per the latest information available with the stock exchanges.

SKS Microfinance completes Rs 215 cr in debt securitisation

Last Updated: Thursday, December 19, 2013, 15:32

Micro-lender SKS Microfinance on Thursday said it has completed another round of securitisation by passing on receivables of Rs 215 crore to a private sector bank.

SKS Microfinance Q2 profit at Rs 16.3 cr

Last Updated: Wednesday, October 23, 2013, 19:47

SKS Microfinance on Wednesday said its profit after tax (PAT) in the second quarter of 2013-14 fiscal was Rs 16.3 crore.

SKS completes securitisation transaction worth Rs 321 crore

Last Updated: Monday, September 30, 2013, 11:54

SKS Microfinance Limited, India's only listed micro-lender on Monday said it has concluded a securitisation transaction for Rs 321 crore with a major public sector bank.

SKS Micro reappoints R Ramachandra Rao as MD & CEO

Last Updated: Thursday, September 26, 2013, 21:23

SKS Microfinance Ltd today reappointed R Ramachandra Rao as Managing Director and Chief Executive Officer for a period of 5 years with effect from October 4.

SKS Microfinance independent director Ranjana Kumar resigns

Last Updated: Wednesday, September 25, 2013, 22:57

Ranjana Kumar, an independent director of SKS Microfinance Ltd submitted her resignation, a top official said Wednesday.

SKS appoints Trout for brand repositioning

Last Updated: Monday, September 23, 2013, 15:53

M R Rao, Managing Director and CEO, SKS Microfinance, in a press release, said though they have strong bond with their members, it is required to revisit the brand positioning.

SKS shares surge 13% on getting 'A' rating for bank facilities

Last Updated: Wednesday, September 18, 2013, 13:46

The announcement was made after market hours yesterday.

Shareholders have no right to nominate directors: SKS

Last Updated: Tuesday, September 10, 2013, 21:15

With its ousted founder Vikram Akula attempting to script a comeback, SKS Microfinance Tuesday said none of its shareholders have any right to nominate a director on the company board.