Sks Microfinance News

Opinion

Vikram Akula’s inside story of SKS Microfinance will remain untold

'Micro-Meltdown', written by SKS Microfinance founder Vikram Akula, once the poster boy of Indian microfinance, is a gripping tale of what it takes to build a world-class financial institution and how to destroy it

4 min read18 Jun 2018
Companies

Bharat Financial gets bourses’ nod for merger with IndusInd Bank

Bharat Financial receives no-objection nod from BSE and NSE for its merger with IndusInd Bank

1 min read5 Jun 2018
Opinion

The untold story behind IndusInd Bank-Bharat Financial merger

Bharat Financial's earlier avatar SKS's quest to become a bank started in right earnest from the day it realized that once small finance banks are in place, it would be difficult to successfully run the microfinance business

12 min read23 Oct 2017
Industry

The tumultuous journey of Bharat Financial Inclusion

Bharat Financial Inclusion, formerly SKS Microfinance and India's first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival

6 min read12 Sep 2017
Industry

IndusInd Bank, Bharat Financial Inclusion to start merger talks

The merger, if finalized, will allow IndusInd Bank to expand its retail loan book and fulfil Bharat Financial Inclusion's ambition to offer banking services

4 min read12 Sep 2017
Industry

Bharat Financial Inclusion close to finalizing a buyer

Bharat Financial Inclusion, formerly SKS Microfinance, is in talks with two potential buyers, IndusInd Bank and RBL Bank, and a deal is likely to be announced in September

3 min read8 Sep 2017
Industry

Route One Fund buys stake in Bharat Financial for Rs99 crore

Route One Fund bought 0.88% stake in Bharat Financial Inclusion for nearly Rs99 crore, through an open market transaction

1 min read15 May 2017
Companies

Bharat Financial posts Rs234.91 crore loss in March quarter, weighs merger

Bharat Financial's provisions hit Rs334.6 crore during the March quarter against Rs3.8 crore a year ago

1 min read1 May 2017
Industry

Bharat Financial Inclusion says 4.5% of loan portfolio at risk of turning bad in Q4

Bharat Financial Inclusion says portfolio with over 8 weeks overdue stood at Rs383 crore or 4.5% of the total loan book0.2% mor than in Q3

1 min read7 Mar 2017
Industry

Bharat Financial raises Rs250 crore via commercial papers

Total amount of commercial papers outstanding as on date is Rs745 crore, said Bharat Financial Inclusion

1 min read28 Feb 2017
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