Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | SKS plans to resume lending operations in Andhra Pradesh soon    </title>
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-PTI



Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.


SKS Chief Financial Officer, Dill..."/>
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-PTI



Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.


SKS Chief Financial Officer, Dill..." />
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                            <div align="justify">-PTI</div><p align="justify"><br /><em>Hyderabad: </em>Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.</p><p align="justify">SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state.</p><p align="justify">&quot;That is primary relief we got (from the Supreme Court order). We plan to carry out our business in Andhra Pradesh strictly in compliance with the Supreme Court order. We will adhere to those two sections. Also, we will comply with the Reserve Bank Rules,&quot; he said,</p><p align="justify">When contacted, R Subrahmanyam, state Principal Secretary, Rural Development, said the Andhra Pradesh government is going to file a detailed affidavit with Supreme Court.</p><p align="justify">&quot;We have not been issued any notice by the Supreme Court in this case. As far as our interpretation goes, Supreme Court did not set aside AP MFI Act,&quot; Subrahmanyam said.</p><p align="justify">The Supreme Court only said no coercive measures should be taken by the state government, he added.</p><p align="justify">Dilli Raj said, SKS has 122 branches in the state and 1,200 people are working.</p><p align="justify">&quot;Now we are getting our plans ready for fresh lending. May be in two to three days time, we should be ready with the plans,&quot; he added.</p><p align="justify">Meanwhile, shares of SKS closed at Rs 119.60, down 10.58 per cent over their previous close on the BSE.</p>                                                           
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    <br><a href="http://www.thehindubusinessline.com/industry-and-economy/banking/sks-plans-to-resume-lending-operations-in-andhra-pradesh-soon/article4534631.ece" class="re" target="_blank">The Hindu Business Line, 21 March, 2013, http://www.thehindubusinessline.com/industry-and-economy/banking/sks-plans-to-resume-lending-operations-in-andhra-pradesh-soon/article4534631.ece</a><div class="clear"></div>
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-PTI



Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.


SKS Chief Financial Officer, Dill..."/>
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-PTI



Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.


SKS Chief Financial Officer, Dill..." />
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                            <div align="justify">-PTI</div><p align="justify"><br /><em>Hyderabad: </em>Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.</p><p align="justify">SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state.</p><p align="justify">&quot;That is primary relief we got (from the Supreme Court order). We plan to carry out our business in Andhra Pradesh strictly in compliance with the Supreme Court order. We will adhere to those two sections. Also, we will comply with the Reserve Bank Rules,&quot; he said,</p><p align="justify">When contacted, R Subrahmanyam, state Principal Secretary, Rural Development, said the Andhra Pradesh government is going to file a detailed affidavit with Supreme Court.</p><p align="justify">&quot;We have not been issued any notice by the Supreme Court in this case. As far as our interpretation goes, Supreme Court did not set aside AP MFI Act,&quot; Subrahmanyam said.</p><p align="justify">The Supreme Court only said no coercive measures should be taken by the state government, he added.</p><p align="justify">Dilli Raj said, SKS has 122 branches in the state and 1,200 people are working.</p><p align="justify">&quot;Now we are getting our plans ready for fresh lending. May be in two to three days time, we should be ready with the plans,&quot; he added.</p><p align="justify">Meanwhile, shares of SKS closed at Rs 119.60, down 10.58 per cent over their previous close on the BSE.</p>                                                           
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-PTI



Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.


SKS Chief Financial Officer, Dill..."/>
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-PTI



Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.


SKS Chief Financial Officer, Dill..." />
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    <h1 class="cat-box-title">SKS plans to resume lending operations in Andhra Pradesh soon</h1>
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                            <div align="justify">-PTI</div><p align="justify"><br /><em>Hyderabad: </em>Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry.</p><p align="justify">SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state.</p><p align="justify">&quot;That is primary relief we got (from the Supreme Court order). We plan to carry out our business in Andhra Pradesh strictly in compliance with the Supreme Court order. We will adhere to those two sections. Also, we will comply with the Reserve Bank Rules,&quot; he said,</p><p align="justify">When contacted, R Subrahmanyam, state Principal Secretary, Rural Development, said the Andhra Pradesh government is going to file a detailed affidavit with Supreme Court.</p><p align="justify">&quot;We have not been issued any notice by the Supreme Court in this case. As far as our interpretation goes, Supreme Court did not set aside AP MFI Act,&quot; Subrahmanyam said.</p><p align="justify">The Supreme Court only said no coercive measures should be taken by the state government, he added.</p><p align="justify">Dilli Raj said, SKS has 122 branches in the state and 1,200 people are working.</p><p align="justify">&quot;Now we are getting our plans ready for fresh lending. May be in two to three days time, we should be ready with the plans,&quot; he added.</p><p align="justify">Meanwhile, shares of SKS closed at Rs 119.60, down 10.58 per cent over their previous close on the BSE.</p>                                                           
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Home हिन्दी

SKS plans to resume lending operations in Andhra Pradesh soon

Published on Mar 22, 2013   Modified on Mar 22, 2013

-PTI Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry. SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state. "That is primary relief we got (from the Supreme Court order). We plan to carry out our business in Andhra Pradesh strictly in compliance with the Supreme Court order. We will adhere to those two sections. Also, we will comply with the Reserve Bank Rules," he said, When contacted, R Subrahmanyam, state Principal Secretary, Rural Development, said the Andhra Pradesh government is going to file a detailed affidavit with Supreme Court. "We have not been issued any notice by the Supreme Court in this case. As far as our interpretation goes, Supreme Court did not set aside AP MFI Act," Subrahmanyam said. The Supreme Court only said no coercive measures should be taken by the state government, he added. Dilli Raj said, SKS has 122 branches in the state and 1,200 people are working. "Now we are getting our plans ready for fresh lending. May be in two to three days time, we should be ready with the plans," he added. Meanwhile, shares of SKS closed at Rs 119.60, down 10.58 per cent over their previous close on the BSE.

The Hindu Business Line, 21 March, 2013, http://www.thehindubusinessline.com/industry-and-economy/banking/sks-plans-to-resume-lending-operations-in-andhra-pradesh-soon/article4534631.ece

Tagged with: Microfinance banking

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