Andhra Pradesh Government is planning to challenge an interim order of the Supreme Court allowing SKS Microfinance to operate in the State bypassing the AP MFI Act. While hearing a leave... Business Line, 2 months ago
MFIN to move SC challenging Andhra Pradesh MFI Act - Business Standard, 2 months ago
MFIs may challenge Andhra Pradesh HC ruling - Business Line, 2 months ago
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CHENNAI: The dust in the micro finance industry that began in October 2010 in Andhra Pradesh is settling down with banks' advances to the sector showing a pick up. "The supply side shock is behind us now. During 2011 (Jan-Dec ), we had raised Rs 950 ...Microfinance Gateway, 1 month ago Banks exercise caution while lending to MFIs ASAPP, 2 weeks ago Banks back to selective lending to microfinance institutions Hindu Business Line, 3 weeks ago
The micro lending scenario in Andhra Pradesh is turning favourable to the self-help group (SHG)-bank linkage model while the private microfinance companies, bitten by the AP MFI regulation, continue to remain on the sidelines.Business Standard, 3 weeks ago
SKS Chief Financial Officer Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state. "That is primary relief we got (from the Supreme Court order). We plan to carry out our ...Moneycontrol.com, 2 months ago SKS plans to resume lending operations in Andhra Pradesh soon Hindu Business Line, 2 months ago
FIIs, who held 13.41% stake in the company at the end of FY12, raised their exposure to 35.94% as of March 2013. Public-listed microlender SKS Microfinance Ltd sustained its turnaround with a profit of Rs 2.7 crore in the fourth quarter ended March ...VC Circle, 2 weeks ago
Following the Supreme Court interim order, SKS Microfinance Limited, the only listed micro finance institution (MFI) in the country, expects to recover a major portion of the Rs 1,350-crore which it had written off as non-performing portfolio in Andhra ...Business Standard, 2 months ago SKS expects to recover most of its Rs 1,350 cr NPAs Business Standard, 2 months ago Loan book of SKS may double in 2013-14 ASAPP, 1 month ago
SKS Microfinance, the biggest micro-lender in the country, is set to post its first full-year profit this fiscal after regulatory changes hit its business in 2010. SKS Microfinance, the biggest micro-lender in the country, is set to post its first ...DNA India, 1 week ago
SRINAGAR To the great satisfaction of the food buffs, India's first Domestic Quick Service Restaurant (QSR) Brand, Bangs, has launched its first outlet in the summer capital, Srinagar. The newly launched Bangs Restaurant is spread over 1200 square ...Kashmir Observer, 3 weeks ago
IFC's investment will help the MFIs diversify their funding sources with a new debt category and potentially attract a new set of investors in future. International Finance Corporation (IFC), the private sector investment arm of World Bank, proposes ...VC Circle, 4 weeks ago
Industry : Banking/Financial Services Category : DEBT Hyderabad-based Caspian Advisors Pvt. Ltd has launched a $40 Mn (R218 Cr) debt fund. S. Vishwanatha Prasad, founder and MD of Caspian Advisor has decided to invest 25% of the fund in ...Deal Curry, 1 month ago
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