SKS Microfinance drops 20% to Rs 360 today as not in RBI’s shortlist of 10 to be granted mini bank licenses

SKS Microfinance lost 20% in early morning trade on NSE dropping to lower circuit at Rs 360 before recovering to Rs 390.Previous Closing was Rs 450 This ┬ádefining fall was the consequence of not having made it to the RBI List of 10 lending entities shortlisted from 72 applicants to become mini banks for advancing …

SKS Microfinance drops 20% to Rs 360 today as not in RBI’s shortlist of 10 to be granted mini bank licenses Read More ┬╗