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Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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If You are Looking for 150-300 points in Intraday Bank Nifty Option everyday; then you must Check our Bank Nifty option tips which provide Large Targets and Small Stop Loss. The aim is to make Rs 3000-6000 almost daily by trading One Lot in Bank Nifty. You just require 10k to start trading in Bank Nifty. We even provide free guidance for Option trading who have never ventured in this segment. Click on Image or Post Title to Read More.

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An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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SKS Microfinance Rise & Fall with Vikram Akula

vikram aukla of sks microfinanceThe below list gives you the chronological events in the History of SKS Microfinance and same is a must read to understand the rise and fall of the company in the microfinance sector.

1996/97
Vikram Akula raises Rs 18.7 lakh from 357 people to start SKS

2004/05
Akula relocates to the US, appointing Sitaram Rao as CEO of the company

2005:
Changes SKS from a non-profit to a for-profit company

2006:
Gets Rs 11 crore equity injection from Vinod Khosla and others. More funds follow

Aug 2010:
SKS becomes the first microfinance company to list on a stock exchange.

Oct 4, 2010:
SKS board terminates the services of then CEO Suresh Gurumani

Nov 7, 2011:
SKS posts a record loss of Rs 384.54 crore for the quarter ended September 30

Nov 23, 2011:
Akula steps down as the chairperson and board member. P.H. Ravikumar takes over

Differences Between P.H. Ravikumar and Vikram Akula

The new non-executive chairman, P.H. Ravikumar denies any differences with Vikram Akula and insists that there were only "strategic differences", and these too arose after that watershed event in the history of microfinance in the country - the passing of a law by the Andhra Pradesh government in December 2010, severely restricting the activities of MFIs in the state.

The tale of woes for SKS Microfinance company in Andhra Pradesh

The law, initially brought as an ordinance in October, was prompted by reports of coercive loan recoveries by some MFIs, which allegedly even led some debtors to commit suicide. It decreed that all MFIs working in the state would have to register themselves with multiple state government bodies, declare their interest rates upfront, stop seeking weekly repayments, and much more. As a result the borrowers stopped making payments under the umbrella of this ordinance.

SKS Microfinance New Strategy

SKS Microfinance is ready to launch itself headlong into its new strategy, offering small housing loans and other fee-based services alongside microfinance. Being a listed entity SKS is forced to look at maximising shareholder value. This is not just a case of mission drift but one of a mission change. It is seeking to move from being a microfinance specialist to a regular non-banking finance company

Retrospection to understand the reasons for failure of SKS Microfinance

No doubt microfinance was a noble cause but probably converting from a non profit organisation to a profit organisation was the biggest mistake committed by Vikram Akula and add to it the Andhra Pradesh ordinance which accounts for 1/3rd of the country’s microfinance business has added fuel to fire.

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Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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