Inflation Indexed Bonds – Is it a good investment option in its current form?
In line with Budget announcement by Finance Minister in February, Reserve Bank of India (RBI) announced to issue INR 12,000 crore to INR 15,000 crore of inflation indexed bonds (IIB) on 4th of June of the current year (2013).
Indian Corporate Debt Markets – Risk and Hedging Related Issues (Part I)
One of the standard instruments used to hedge against risk in a corporate debt market is the credit default swap or CDS instrument. A CDS is a credit derivative contract between two counterparties.
IFMR Capital: Securitizing Microloans for Non-Bank Investors
Columbia Business School has developed a case study documenting the background and the story behind the launch of IFMR Trust Pioneer II, the first rated microfinance securitization transaction to be placed with the capital market investors.
Municipal Finance – Functionaries
Following the posts on Functions of ULBs and Municipal Funds as part of the Municipal Finance blog series, this post provides an overview of functionaries at ULBs, explains why the poor urban service delivery mechanism is rooted in weak staff capacity and disjointed institutional set-up and concludes with recommendations for strengthening capacity building.
Notes from IFMR Capital’s Investor Seminar meet
Recently IFMR Capital hosted its third Investor Seminar in Mumbai. The theme of the seminar was ‘Risk Underwriting in Asset Classes that Impact Low-Income Households’.
In a first, IFMR Capital lists securitised debt on the BSE
On Monday, IFMR Capital listed the senior securities of IFMR Capital MosecTM XXII on BSE. This was the first instance of listing of securitised debt in India and marks a significant step towards greater transparency and sustainability in IFMR Capital’s efforts towards financial inclusion, simultaneously marking a milestone for debt securitisation in India.
IFMR Capital Arranges Largest Mosec Transaction
IFMR Capital recently closed its largest securitisation transaction till date, MosecTM 21. It was an INR 65 crore transaction backed by a pool of 50,000 micro loans.
Municipal Finance – Funds
As part of our series on Municipal Finance, this blog post discusses the present state of municipal finances by taking an in-depth look at municipal revenue and expenditure in India.
Designing a financial product for paddy farmers
How can we design a financial product for a farmer that is exactly suited to his requirement? The answer lies in understanding the utilisation of the product.
Consumer Finance Innovations in India
Nachiket Mor and Bindu Ananth were invited by Columbia University to share some of our thinking and work on consumer finance in India.
