In 2005, SKS started operating as a for-profit company and Akula began chasing private investment to achieve the massive scale required to dent global poverty. In August 2010, SKS Microfinance — then ...

MUMBAI, India – MUMBAI, India (AP) — An Indian company that makes tiny loans to villagers aims to raise up to $354 million in an initial public offering, a move critics fear will encourage India's ...

MUMBAI, IndiaMUMBAI, India — SKS Microfinance executive chairman Vikram Akula stepped down Wednesday from the company he founded, the board said, as India’s second largest microlender struggles to ...

Troubled microfinance company SKS Microfinance Ltd is raising Rs 33.55 crore through a preferential allotment to a fund managed by the existing investor WestBridge Capital Partners. SKS Microfinance, ...

Shares of SKS Microfinance, India's largest microfinance institute, continued to tank as the confusion continued on new, more strict regulation on the industry. Shares have dipped 22% from a high of ...

New Delhi: India's only listed micro lender SKS Microfinance is planning to provide more loans to kirana stores and for purchase of mobile phones this year. The microfinancing company will extend ...

MUMBAI, IndiaMUMBAI, India — An Indian company that makes tiny loans to villagers aims to raise up to $354 million in an initial public offering, a move critics fear will encourage India’s largest ...

It is official. Puranam Hayagreeva Ravikumar is the new non-executive chairperson-Interim of SKS Microfinance and its founder Vikram Akula has stepped down. Vikram Akula, the SKS Media release says: ...

MUMBAI, India The first microfinance company to sell stock to the public in India got a strong endorsement from investors on Monday when its shares closed up 10.5 percent on the first day of trading.

MUMBAI, India — The first microfinance company to sell stock to the public in India got a strong endorsement from investors on Monday when its shares closed up 10.5 percent on the first day of trading ...

On September 14 th, at the Mayer Brown building in midtown Manhattan, the microfinance community of New York gathered to debate over the need to cap interest rates in the industry. NGO interests were ...