Asia Bizz: One of the giants of the Indian microfinance, SKS Microfinance plans to take over the IPO market through sales of equity shares worth 16.8 million.
SKS Microfinance is not only India’s largest, but the World astest- growing microfinance organization.
Since the RBI now asking microfinance companies to have a higher prudential capital of 12% which is also expected to climb still further, all
microfinance companies are trying to capture different avenues to raise some more capital which involves taping the IPO market as well as private equity investments.
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