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SKS Microfinance securitises Rs 158 crore

country’s sole listed microfinance player SKS Microfinance Limited had informed the bourses that it has completed Rs 158.27 crore securitization....
Source : Times Of India |
Category : Business

SKS completes Rs 215 crore securitization

country's sole listed microfinance institution SKS Microfinance Limited on Thursday informed the bourses that it has completed Rs 215 crore securitization....
Source : Times Of India |
Category : Business

SKS Microfinance completes Rs 222.65 crore securitization

SKS Microfinance Limited on Tuesday announced that it has completed the sixth microfinance securitization of Rs 222.65 crore during the current financial...
Source : Times Of India |
Category : Business

Outstanding Homemaker

HDFC's managing director Renu Sud Karnad recalls her two most breakthrough moments.I joined HDFC Ltd in 1978, when I was 26. It was my first job and I rightly feel that I. (HDFC was formed in 1977). Having said that, I can point to two breakthrough moments in my career which charted a new course for HDFC as well. They were changes in the way we did business. They led to a change in the mindset of all...
Source : Business Today |
Category : Business

Microfinance industry coming back to life

fter more than three years, the microfinance industry is attracting new players. In six-eight months, at least six new microfinance institutions (MFIs) have got membership of industry body MFIN (Micro Finance Institutions Network).The six are Kolkata-based Jagran Microfinance, Mumbai-based Svasti Microfinance and Jagdhan Investment Finance, Bhopal-based Sahayog Microfinance, Lucknow-based Margadarshak...
Source : Rediff |
Category : Business

Perils Of Microfinance: Why The Miracle Economic Strategy, Winner Of A Nobel Prize, Failed To Turn T

Perils Of Microfinance: Why The Miracle Economic Strategy, Winner Of A Nobel Prize, Failed To Turn The Poor Into EntrepreneursThe word “microfinance” invokes terrible memories for many women who live Labor Colony, India.The word “microfinance” invokes terrible memories for many women who live Labor Colony, India.The word “microfinance” invokes terrible memories for many women who live Labor Colony,...
Category : Business

HDFC Quarterly Interval Fund - Plan A announces dividend

HDFC Mutual Fund announces dividend under HDFC Quarterly Interval Fund - Plan A, for which the record date is September 16, 2013...
Source : Moneycontrol |
Category : Mutual Fund

Nifty opens above 5600, Sensex tests 19k mark

Sensex which surged over 100 points in morning trade on Friday failed to hold onto gains and turned choppy, led by losses in HDFC Bank, RIL and HDFC.Quotes...
Source : Yahoo Finance |
Category : Personal Finance

SKS shares surge 13% on getting 'A' rating for bank facilities

Shares of SKS Microfinance today surged nearly 13 per cent after the company said it has received 'A' ratings for bank facilities of about Rs 2,000 crore from a leading rating agency, which could help it enhance credit availability and reduce cost of borrowings.The announcement was made after market hours yesterday. SKS Microfinance scrip zoomed 12.6 per cent to Rs 139.35 on the BSE.SKS Microfinance...
Source : Ndtv |
Category : Others | City : Mumbai

HDFC Bank says foreign stake law can't apply retrospectively

Private sector HDFC Bank today said parent HDFC, which is majority-owned by FIIs, shouldn't beconsidered as foreign because changes in the law defining overseas stake in a firm cannot apply retrospectively.The remarks come in the backdrop of RBI banning foreign investors from picking up more shares in HDFC Bank.Under the present laws, with HDFC's 22 per cent stake, foreign holding in HDFC Bank exceeds...
Source : Ndtv |
Category : Others