Notes from IFMR Capital’s Investor Seminar meet
Recently IFMR Capital hosted its third Investor Seminar in Mumbai. The theme of the seminar was ‘Risk Underwriting in Asset Classes that Impact Low-Income Households’.
In a first, IFMR Capital lists securitised debt on the BSE
On Monday, IFMR Capital listed the senior securities of IFMR Capital MosecTM XXII on BSE. This was the first instance of listing of securitised debt in India and marks…
IFMR Capital Arranges Largest Mosec Transaction
IFMR Capital recently closed its largest securitisation transaction till date, MosecTM 21. It was an INR 65 crore transaction backed by a pool of 50,000 micro loans.
IFMR Capital concludes largest securitisation deal for the year with Equitas
Equitas Microfinance India (formerly Singhivi Investment & Finance), one of the country’s leading microfinance companies, recently concluded a large securitisation deal totalling INR 78.95 crores. ‘Zeus IFMR Capital 2012’,…
ICRA upgrades ratings of microloan securitisation transactions structured and arranged by IFMR Capital
Over the last few months, ICRA has upgraded the ratings on securitisation transactions backed by micro-loan receivables structured and arranged by IFMR Capital.
Multi originator securitisation (MOSEC) in microfinance
Structured finance approach has provided microfinance institutions (MFIs) the access to diverse funding sources. During last fiscal year 2011-12, MFIs raised more than INR 20 billion through securitisation transactions.
ICRA upgrades ratings of microloan securitisation transactions structured and arranged by IFMR Capital
Over the last quarter, ICRA has upgraded the ratings on numerous securitisation transactions backed my micro-loan receivables, structured and arranged by IFMR Capital.
A summary of NBFC-MFI Directions – August 2012
On August 03, 2012, RBI came out with its ‘Non Banking Financial Company-Micro Finance Institutions’ (NBFC-MFIs) – Directions – Modifications’1 via which RBI has made changes to Directions issued…
IFMR Capital partners with Asian Development Bank to structure first of its kind large scale partial guarantee program for MFIs in India
In a first of its kind large scale partial guarantee program for microfinance institutions in India, Asian Development Bank (“ADB”) has provided partial credit guarantee to loans to Microfinance…
Summary of key features of the PSL Master Circular – July 2012
On 2nd July, 2012, Reserve Bank of India (RBI) came out with Master Circulars on various topics containing directions to the banks. Among these was also the Master Circular…