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SKS shares plunge as Q4 losses mount

SKS Microfinance has reported a net loss of Rs 70 crore in the fourth quarter as of March 31 owing to cancellation of operations in many parts of Andhra Pradesh.…

May 7, 2011 / No Comment / Read More

SKS Microfinance reports 38.4% decline in Q3 net profit, stocks down

India’s largest microcredit lender SKS Microfinance Limited reported on Tuesday a steep fall of 38.4 percent in its net profit to Rs34.14 crore in the third quarter ending Dec. 31,…

January 25, 2011 / 1 Comment / Read More

Timeline: Capital inflow into Indian Microfinance sector in 2009

Microfinance Monitor, January 1, 2010 – Microfinance has reportedly recorded more than 15 deals in 2009 while some speculative deals like Share Microfin’s IFC deal and Spandana’s Temasak deal never…

January 1, 2010 / No Comment / Read More