With a vast majority of the Indian population living in the rural hinterland, its economy and growth are linked to developmental efforts. Crucial to this is in ensuring that the fruits of financial inclusion reaches their doorstep.

Understanding and channelizing local issues at the grassroots level to policy makers at both regional and national level is both challenging and vital.

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".

There was an article published an Financial Chronicle about IFMR Capital and its future plans.

Business Correspondence (BC) model or the third-party agent banking was launched in 2006 in India, with the intent of increasing the ambit of the formal banking sector. Since its inception in 2006, various banks have promoted the BC model in all corners of the country.

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

IFMR Capital completed its second securitisation transaction with Bengaluru based microfinance institution (MFI), Grameen Financial Services Private Limited (previously called Grameen Koota) on June 23rd.