Tag: Debt Distress

While the corporate insolvency framework has seen a lot of activity, the individual insolvency framework in India consists merely of a pair of statutes legislated in the British era which today lie dormant for all practical purposes.

IFMR Finance Foundation is working on understanding the regime for corporate and individual insolvency in India, as part of our mandate on financial systems design. We will be regularly showcasing our learnings on this front as a part of this new blog series called “Insolvency in India”. We start off by looking at the legal framework for corporate insolvency in India.

The Indian microfinance sector has seen a series of rapid changes in the past decade.

The structured finance approach has given MFIs access to a new class of debt investors, thereby reducing over-dependence on traditional sources of funds. This therefore enables risk transfer over a larger gamut of financial institutions and also provides access to mainstream capital market investors. The need for continuous and reliable sources of capital is critical for growth and sustenance in this sector.

Credit Derivatives are great financial tools that help entities manage their risk in a better, more efficient way.

In the wake of recent reports of dramatic decline in the availability of capital, microfinance service providers struggling to keep afloat, and the recent proposal by the finance minister to create a dedicated fund for providing equity to smaller MFIs

The financial sector crisis in Andhra Pradesh seems to be playing out like a very bad dream that doesn’t end.

The Centre for Innovative Financial Design (CIFD) recently entered the survey stage of a research project concentrating on the welfare of India’s sugarcane farmers. 

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