SKS Microfinance facing recovery problems in Bengal and Gujarat as well
SKS Microfinance Ltd, already deep in the red with micro lending problems in Andhra Pradesh, is now facing recovery problems in parts of West Bengal and Gujarat as well.
SKS Microfinance, India's only listed micro-lender, may raise Rs 3,000 crore during the next fiscal to meet its lending requirements, a senior official of the company said.