Currently, regulations allow customers to borrow from two MFIs at the same time, but once SFBs enter the fray and seek similar customers, some may borrow beyond their means, resulting in slippages, especially if loan sizes also increase.
It had applied for a small finance bank (SFB) licence, but while eight of the 10 entities the Reserve Bank of India (RBI) awarded these licences to were microfinance institutions (MFIs), SKS Microfinance was not one of them (See Left Out).
For the first 18 to 24 months, it is the other MFIs that have won SFB licences that will have to incur additional expenditure on setting up branches, improving technology and establishing their brands, which could impact their margins.
Do you thrive on the bustling, competitive feeling of a large program such as CPYB (300 students) or SFBS (250--300 students)?
While many programs, such as CPYB and SFBS, have extensive guest faculties in the summer, others, such as SAB, use their own permanent faculty almost exclusively.