The recent securitisation transaction completed by IFMR Capital was a landmark deal in the microfinance sector. It was a Rs. 108 Mn rated securitisation transaction backed by microloans originated by Grama Vidiyal Micro Finance Limited.

For any non-bank originator it is absolutely critical to raise large sums of risk capital on a continuing basis. While this need is primarily to meet capital adequacy requirements,

India is home to about 26 million small enterprises (with investments less than 50 million) that account for about 20 per cent of the country's GDP .

[This article is the third in a series of posts on the theme “Regulatory architecture of India’s financial system”. IFMR Blog will continue to feature this theme through the next two weeks.]

IFMR Capital recently structured and arranged a Rs. 108 million securitisation transaction – backed by 11,304 microloans originated by one of the leading MFIs in the country

What is the state of financial regulatory architecture in India? Is the regulatory architecture optimal for the modern financial system that the Indian economy needs?

In India, gram panchayats (GPs) were given constitutional legitimacy following the passage of the 73rd Constitutional Amendment Act, which was meant to decentralise power and responsibility to them to improve local public service delivery and governance.

IFMR Rural Finance has been appointed as one of the first Interested Non-Governmental Agencies (INGA) by the Ministry of Labour and Employment, Government of India, to participate in its Rashtriya Swastya Bima Yojana (RSBY).

IFMR Capital recently structured and arranged a Rs. 173 million securitisation transaction. The transaction is backed by 21,170 microloans originated by one of the leading MFIs in the country, Ujjivan Financial Services.

It is happening again - regulators debating openly to clarify their turfs. This time it is PFRDA Vs. IRDA for regulation of pension products offered by insurance companies,