SKS Microfinance Ltd , India's largest microfinance company, has announced the resignation of Mr Pramod Bhasin as an Independent Director from the board of the company.

The resignation has been accepted by the board, and Mr Bhasin ceases to be an Independent Director of the company with immediate effect.

“As I consider other business pursuits including those in financial services in line with my experience and background, I felt it's prudent to resign from the SKS Board at this time,” said Mr Bhasin in his mail to the board.