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Analysts say a handful of fast-growing Indian microfinance companies like Spandana Sphoorty Financial and Share Microfin could quickly follow SKS in selling shares to the public.
Microfinance companies are already permitted to operate.
Globally, SKS is one of five microfinance companies and banks to have publicly listed shares.
THE loans that microfinance companies make may be tiny but their ambitions can be vaulting.
Indian microfinance companies have some of the world's lowest interest rates for small loans.
Yet big microfinance companies, which do exactly that, seem to be in rude health.
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Besides growing faster, SKS, India's largest microfinance company, has become a stock market darling.
Proving the capitalist tool as a solution for poverty is high on my priority list".Mr Khosla put several million dollars into SKS, a for-profit microfinance company.
SKS, once the darling of the industry and the first microfinance company to have an I.P.O., has been battered by accusations of mismanagement and a crisis in the microfinance industry in Andhra Pradesh, its biggest market.
The high point for the industry came when SKS then India's biggest microfinance company with a $1.2 billion loan book, a third of it in the southern state of Andhra Pradesh went public in July 2010.
It is tough to find a household in this village in an impoverished district of Andhra Pradesh that is not deeply in debt to a for-profit microfinance company.
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