SKS completes transformation to a Non-Banking Finance Company (NBFC)
regulated by the Reserve Bank of India (RBI)
Hyderabad � After successfully
registering as a Non-Banking Finance Company (NBFC) in January 2005,
SKS has successfully completed the transformation at all of its
branches and is fully functional under the new ownership structure.
Registered by the Reserve Bank of India (RBI) SKS receives the
following list of benefits as a NBFC:
Access to Funds: Commercial lenders have greater comfort
lending to a regulated company with transparent ownership
Diverse Funding Source: As a regulated for-profit company, SKS
can raise equity and offer returns, enabling it to access
commercial investors and international capital markets
Outreach Potential: With increased access to funds, SKS will
be able to scale into a national organization
