On November 22nd and 23rd, IFMR Capital held its first partners meet, a two day meet with all its partners to re-envision access to finance for institutions that impact low income households.

High-quality access to financial services is important not only for households and enterprises, but also for cities and Panchayats so that they have the ability to undertake projects that provide essential goods and utilities to citizens.

IFMR Finance Foundation worked with Pension Fund Regulatory and Development Authority of India (PFRDA) as Knowledge Partners to help organise their first NPS-Lite Aggregators’ Meet in New Delhi, on 21st November, 2011.

This is the fourth in the series of posts under the topic “Understanding the KGFS Customer”. The authors, Sowmya Vedula and Shilpa Sathe of IFMR Rural Finance, present data regarding occupations of KGFS customer.

To considerably expand access to capital for financially under-served households, IFMR Capital is organizing its first Partner’s meet on the 22nd and 23rd November. The meet will provide a platform to participants for reflection, dialogue and action.

These are some of my observations from a conference that I attended recently organised by the National Community Investment Fund (NCIF) for a specific class of US institutions: CDFI (Community Development Financial Institutions) Banks.

An asset becomes non-performing when it ceases to generate income for the bank. In India, a Non-Performing Asset (NPA) is broadly defined as one with interest or principal repayment instalment unpaid for more than 90 days.

The International Growth Centre at the London School of Economics (LSE) is an institution that offers independent advice on economic growth to governments of developing countries.

Following the release of a discussion paper on deregulation of savings bank deposit interest rates, the Reserve Bank of India (RBI) has in its second quarterly review of Monetary Policy 2011-12, deregulated savings bank deposit rates with immediate effect.