Publication: Dvara Research

In a recent post, Daniel Rozas and Vinod Kothari have argued that microfinance securitisation does not, in reality, separate ‘pool risk’ from ‘originator risk’ and hence should not be rated very differently from the originator of the portfolio.

Considered alone, development, finance and management is each a vast field, albeit with substantial overlaps among them.

Securitisation of assets by NBFCs came under regulatory purview with draft guidelines being put on the RBI website on June 3rd.

Sucharita Mukherjee and Kirthi Rao talk about the importance of quality of underwriting standards in microfinance institutions. This is the first in a series of articles by the authors on the topic “Unearthing the real issues in microfinance”.

The National Bureau of Economic Research recently published a working paper by Robert T. Jensen and Nolan H. Miller on this topic.

Legend would have it that ‘a pen is mightier that sword’ and for good reason.

Last month the Wealth-Management Cross-Functional team had visited 15 households in Thanjavur to pilot the Wealth Management process.

Indian economic policy emphasises achieving high growth rates coupled with ensuring that the poor are able to participate in the market economy. This inclusion agenda has that many implications for the field of finance.

From Shylock to the neighborhood pawn-broker, money lenders have always been reviled for exploitative practices and prices in lending to the poor.

IFMR Finance Foundation (IFF), which recently came out with a plan for commercial banks to deepen financial access using the Business Correspondent (BC) model , is now working on an action plan to roll out the model extensively across India.