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SKS Microfinance Ltd.

SKS Microfinance QIP issue oversubscribed; Company raises $42M

General

17 July, 2012

SKS Microfinance QIP issue oversubscribed; Company raises $42M

SKS Microfinance Ltd  has closed its qualified institutional placement (QIP), raising Rs 230 crore ($42 million) in the process, as ......

SKS Microfinance opens QIP; WestBridge buys shares through preferential allotment

General

13 July, 2012

SKS Microfinance opens QIP; WestBridge buys shares through preferential allotment

Troubled microfinance company SKS Microfinance Ltd is raising Rs 33.55 crore through a preferential allotment to a fund managed by ......

SKS Microfinance to let go 1,200 staff, to shut 78 branches in Andhra

General

11 May, 2012

SKS Microfinance to let go 1,200 staff, to shut 78 branches in Andhra

VC-backed SKS Microfinance Ltd has announced a big cutback in operations in Andhra Pradesh, its home state and a region ......