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With the novel objective of making Tamil Nadu the first ‘hut free State’ in the country by 2016, the state government launched a rural housing scheme called “Kalaignar Veedu Vazhangum Thittam” (KVVT) for rural areas with the objective of replacing all thatched houses in villages with robust all-weather houses over a 6-year period.

For a business operation, a great deal of what happens on the field is determined by how equipped its field managers are.

Over the last few years, microfinance has attracted a large number of equity and debt investors.

Fitch Ratings has recently issued a report on Indian microfinance securitisations, which has drawn a conclusion that the rating of securitisation transactions must be linked to the rating of the servicer with a suggested cap of 7 notches on the difference between the highest rated tranche and the rating of the servicer.

With an objective to provide a long term savings option to its customers, KGFS has added NPS-Lite (New Pension Scheme) to its product portfolio.

IFMR Capital has been assigned a long-term-rating of LA- (pronounced L A minus) for its debt programmes by ICRA. The rating, which has been assigned a ‘Stable outlook’, comes at a time when the microfinance sector is clouded by regulatory and political risk. The ratings are the amongst highest long term ratings available to any […]

The power of data is in being able to make sense of it. Sometimes however, under the enormity of data, the best of systems can throw a challenge in aiding the right decision.

Recently our Rural Finance Technology team migrated our legacy core banking system to a new core banking system.

IFMR Capital recently structured, arranged and co-invested in a Rs. 1,063.8 million securitisation, backed by 105,422 microloans originated by Chennai based MFI, Equitas Micro Finance India Private Limited.

On 31st August 2010, I spent a day at Annappanpettai Branch.  The branch was opened on 20th November 2009 and has enrolments of around 1750 when I visited.