In this third post under the series “Understanding the KGFS Customer” we present data regarding expenditure patterns of rural households enrolled with KGFS.

The IFMR Financial Systems Design Conference 2011 was organised into three main sessions for discussions – Origination, Risk Transmission and Risk Aggregation.

I had a fascinating meeting today with Gayathri, CEO of LabourNet Services that reminded me of some fundamental challenges in financial inclusion.

As promised in our earlier post that briefly notified the conclusion of the IFMR Financial Systems Design Conference 2011, we will be sharing a summary of the deliberations that happened.

This is the second in the series of posts under the topic “Understanding the KGFS Customer”. The author, Sowmya Vedula, of IFMR Rural Finance, presents data regarding KYC documents (both ID and address proof documents) furnished by potential customers when they enrol with KGFS.

The High Powered Expert Committee, chaired by Dr. Isher Ahluwalia submitted its Report on Indian Urban Infrastructure and Service Delivery.

The Reserve Bank of India yesterday released a fresh set of draft guidelines governing securitisation and assignment transactions. While the draft was released by the Department of Banking Operations and addressed to banks, it is expected that a similar draft will be issued for NBFCs as well.

After executing its largest Multi-Originator transaction involving 7 microfinance institutions, IFMR Capital recently closed one of its largest Single Originator transactions this financial year, with one of the leading MFIs in the country, Ujjivan Financial Services.

IFMR Capital recently structured and arranged two Microloan Securitisation transactions – Aether IFMR Capital 2011 involving a single originator Grameen Financial Services Private Limited (Grameen Koota) and MOSEC 7, a multi-originator securitisation transaction involving seven Non-Banking Finance Companies.