SKS Microfinance Q2 profit at Rs 16.3 cr

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

SKS Micro reappoints R Ramachandra Rao as MD & CEO

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

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

Shareholders have no right to nominate directors: SKS

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.

SKS completes two securitisation transactions worth Rs 115 cr

SKS Microfinance Ltd, India's only listed micro-lender Friday said it has completed two more securitisation transactions aggregating Rs 115 crore.

SKS Microfinance to raise Rs 54.48 crore via securitisation deal

SKS Microfinance Ltd is raising Rs 54.48 crore by securitising receivables from 64,579 micro loans extended to rural women, a company statement said on Friday.