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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.

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.

Over 70 per cent of the population of Uttarakhand lives in rural areas (Census of India, 2001).

Udaipur-based Sahayata Microfinance has raised INR 195 Mn through the issuance of listed, secured, redeemable, non-convertible debentures (NCDs), which have now been purchased by DWM (Cyprus) Ltd.,

IFMR Capital has recently structured, arranged and invested in two more securitisation transactions Lamdba Pioneer and Sigma2 Pioneer with two different MFIs.

We had the pleasure of hosting Dr. Subir Gokarn, Deputy Governor, RBI, on a branch visit to the Pudhuaaru KGFS recently. At the branch, Dr. Gokarn interacted with the team and participated in the wealth management ritual.

The High Powered Expert Committee (HPEC) for estimating the investment requirements for urban infrastructure services released its final report recently.

IFMR Capital recently completed two securitisation transactions. Eta Pioneer with Trichy based Grama Vidiyal Microfinance Limited, and Theta Pioneer with Satin Creditcare Limited.

Last week witnessed the 4th edition of the annual College of Agricultural Banking – Centre for Microfinance conference on “Microfinance: Translating Research into Practice”