Hyderabad : Vikram Akula-founded micro lender SKS Microfinance Ltd on Wednesday decided to change its name to Bharat Financial Inclusion Limited. According to a statement issued by the company, Bharat Financial Inclusion Limited reflects the new brand and its delivery capabilities as 'Bharat', the Sanskrit name of India, emphasises the company's unique distinction of having a formidable, predominantly rural network across the country. SKS Microfinance changed the face of microfinance industry by turning itself into a for-profit company, inviting displeasure of microfinance pioneer and Grameen Bank founder Muhammad Yunus. "The corporate name change decision has been taken in view of the fact that the company's core has undergone a transformation equipping it to play a major complimentary role in fulfilling the national priority of financial inclusion," the statement added.