Summary of key features of the PSL Master Circular – July 2012
On 2nd July, 2012, Reserve Bank of India (RBI) came out with Master Circulars on various topics containing directions to the banks. Among these was also the Master Circular on Priority Sector Lending, containing directions to banks, including Scheduled Commercial Banks and Regional Rural Banks.
IFMR Capital concludes its first securitisation transaction in the SME Finance space
IFMR Capital strives to build small business loans as a mainstream asset class in the capital markets and therefore partner with innovative financial institutions that extend financing to this financially excluded segment.
IFMR Capital concludes the Annual Risk Workshop for 2012
IFMR Capital recently hosted the Annual Risk Workshop for its MFI partners. The concept of the workshop was to provide a common platform for capital providers/financiers and clients, and share our risk management principles and workings.
Dutch Development Bank, FMO invests in IFMR Capital’s latest bond issuance
Leading development bank, FMO has invested in the latest NCD (non-convertible debentures) issuance of IFMR Capital. The issuance totalled INR 160 million and was rated A- by ICRA.
Understanding the KGFS Customer’s income patterns
In this fifth post under the series “Understanding the KGFS Customer” we present the analysis of data regarding the income of customers enrolled with KGFS.
The Pursuit of Complete Financial Inclusion: The KGFS Model in India
Consultative Group to Assist the Poor (CGAP) has published a new paper titled “The Pursuit of Complete Financial Inclusion: The KGFS Model in India”
The Pursuit of Complete Financial Inclusion
Lok Capital and Proparco invest $5 million in IFMR Rural Channels
Lok Capital, a venture capital firm, and one of its limited partners, Proparco, the private sector investment arm of the French development agency AFD, have together invested $5 million in IFMR Rural Channels.
IFMR Rural Channels launches Thenaaru KGFS
Close on the heels of launching its fourth KGFS, IFMR Rural Channels launched its fifth KGFS yesterday – Thenaaru Kshetriya Gramin Financial Services (KGFS) which would be serving the districts of Pudukkotai, Karur and Namakkal in Tamil Nadu.
Financial Engineering for Low Income Households
IIM Ahmedabad recently interviewed Bindu Ananth and Nachiket Mor for their publication ‘The Efficient Frontier’. The publication was recently rebranded to mark the institute’s Golden Jubilee year.
