Nuclear-powered attack submarine class.
1Akula had reportedly launched a mobile banking venture after roping in some SKS Microfinance executives when he quit the microlender.
2Somewhere along the road, I lost the ability to control the philosophical direction of SKS, said Akula in the Business Standard interview.
3There were failed attempts to reach a settlement with Gurumani on his exit terms, forcing the board to fire him, Akula said.
4The trust has nominated Akula, as he has 'extensive experience in microfinance and is uniquely qualified to help the company', according to Gujja.
5Rao is best suited for the second phase of our growth. Akula said the firm plans to foray into microhousing and lending against gold.
6Akula said the sacking of the CEO was not discussed in the board meeting that was held in early September, but did not elaborate.
7Last week Akula sold almost his entire stake by offloading 0.8 per cent holding for an estimated Rs 12 crore.