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
IFMR Rural Finance appointed Agency for National Health Insurance Scheme
IFMR Rural Finance has been appointed as one of the first Interested Non-Governmental Agencies (INGA) by the Ministry of Labour and Employment, Government of India, to participate in its Rashtriya Swastya Bima Yojana (RSBY).
IFMR Capital structures microloan securitisation with Ujjivan
IFMR Capital recently structured and arranged a Rs. 173 million securitisation transaction. The transaction is backed by 21,170 microloans originated by one of the leading MFIs in the country, Ujjivan Financial Services.
Delegates from Central Bank of West Africa visit IFMR
The importance of financial inclusion can never be overstated, not just in India but across the developing world. It features high on the agenda of global development and reflecting its global importance, last week, delegates from Central Bank of West African States visited IFMR Rural Finance to understand the financial inclusion initiatives taken here.
Sahastradhara KGFS launches Domestic Remittance product
Over 70 per cent of the population of Uttarakhand lives in rural areas (Census of India, 2001).
