Friday, November 22, 2013

RBI classifies SKS as NBFC-MFI

SKS Microfinance Limited, the only listed microfinance institution (MFI) in the country, has stated the Reserve Bank of India (RBI)  had classified the company as a Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) (Non-Deposit taking) from its existing status of NBFC (Non-Deposit taking)......................

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