SKS Microfinance will not become Insolvent – Vikram Akula

In an exclusive interview with NDTV, Vikram Akula, the executive chairman of SKS Microfinance has said that despite the company reporting a net loss of Rs 70 crore for Q4, there is no question of insolvency as the company has a strong networth. He further added that disbursements in Andhra Pradesh in second half of the last fiscal have been virtually nil.

vikram akula ndtv

No question of insolvency: SKS Microfinance Executive Chairman

Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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1 Comment

1 Comment

  1. santosh

    May 23, 2011 at 9:49 pm

    respected sir,i am happy to share with u that that you are the inspiration for pupil like us…

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