SKS Microfinance has been classified as NBFC-MFI by the Reserve Bank of India (RBI) based on the company’s application on January 31, 2013 and subsequent correspondences. The company has been classified as Non Banking Financial Company-Micro Finance Institution (NBFC-MFI) (Non-Deposit taking) from its existing status of Non Banking Financial Company (Non-Deposit taking) Systematically Important (NBFC-ND-SI) with effect from November 18, 2013.
SKS Microfinance (SKS) is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 17 states of India.
SKS Microfinance (SKS) is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 17 states of India.
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