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SKS Microfinance
SKS Microfinance Limited (SKS) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. SKS' mission is to provide financial services to the poor under the premise that providing financial services to poor borrowers helps to alleviate poverty.〔() Jonathan Murdoch, "The Microfinance Promise,"〕 The company operates across 19 of 28 Indian states. SKS was founded in 1997 by Vikram Akula, who has served as its executive chair until November 2011.
==History==
On 28 July 2010, SKS Microfinance debuted on the Bombay Stock Exchange. Muhammad Yunus expressed concern that going public would put the demands of shareholders ahead of the poor.〔() ABCNews, SKS Launches India's First Microfinance IPO〕 He added further, "If they do it, I cannot stop them but I would encourage genuine Microcredit programs."〔() Microfinance Focus, "Microfinance pioneer Prof Yunus raises concern over SKS IPO,"〕 However, the differing legal frameworks in Bangladesh and India could justify SKS Microfinance's IPO initiative. Yunus's Grameen Bank in Bangladesh is funded primarily by deposits raised from its own borrowers and non-members, whereas Indian MFIs are prohibited by law from collecting deposits.〔() Microfinance Focus, "Exclusive: SKS Microfinance journey to IPO – An inside story,"〕
SKS founder Vikram Akula resigned from the board on 23 November 2011. PH Ravikumar, an independent director and former chief executive officer of NCDEX took over as the interim non-executive chairman of the only listed microfinance institution.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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