A Review of the SEBI Circular for AMCs and Distributors of Mutual Funds
As a welcome step, SEBI released a circular for AMCs requesting them to regulate distributors. This is the first time distributors of mutual funds in India will function in a regulated environment within a structured framework.
Understanding the KGFS customer: Customer and Household Demographics
(This is the first of a series of posts titled “Understanding the KGFS Customer”. The authors will attempt to understand the lives of enrolled customers of Kshetriya Gramin Financial Services (KGFS) by exploring the datasets in the Customer Management System (CMS) being used at KGFS.
IFMR Financial Systems Design Conference, 2010 – 2011
IFMR Trust Chairman’s Message, Annual Report 2010-11
Financial inclusion is not a new goal for India and it has always been the stated aim of financial sector policy to seek to include four critical segments: project finance, small and medium enterprises, low-income households and farmers.
ICRA and CRISIL upgrade ratings of securities structured and arranged by IFMR Capital
ICRA and CRISIL have upgraded the ratings assigned to the Senior Pass Through Certificates (PTCs) and Assignee Payouts pertaining to three transactions backed by micro loan pool receivables originated by Grama Vidiyal Microfinance Limited (GVMFL) and two transactions backed by micro loan pool receivables
Editor’s pick
As we enter the second half of 2011, here are our Editor’s pick from the IFMR Blog over the past 6 months.
Sahastradhara KGFS inaugurates new Headquarters
Sahastradhara KGFS inaugurated its new Headquarters in Dehradun on Saturday.
The rich invest in the poor
The recent securitisation transaction completed by IFMR Capital was a landmark deal in the microfinance sector. It was a Rs. 108 Mn rated securitisation transaction backed by microloans originated by Grama Vidiyal Micro Finance Limited.
Funding options for non-bank originators – Private Equity
For any non-bank originator it is absolutely critical to raise large sums of risk capital on a continuing basis. While this need is primarily to meet capital adequacy requirements,
IFMR Capital structures Rs. 108 Mn securitisation transaction
IFMR Capital recently structured and arranged a Rs. 108 million securitisation transaction – backed by 11,304 microloans originated by one of the leading MFIs in the country