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Microfinance Securitization: Ratings Confusion

Microfinance Focus, December 20, 2010: Something strange is happening with microcredit securitizations in India.  Two pre-eminent ratings companies, CRISIL (a subsidiary of Standard & Poors) and Fitch Ratings have taken diametrically...

Grama Vidiyal Microfinance to raise Rs100 crore via NCD route

Microfinance Focus, Aug. 11, 2009: Tamil Nadu-based Grama Vidiyal Micro Finance Limited (GVMFL) plans to raise Rs 100 crore by way of non-convertible debentures (NCDs) over the next three months as part of its aggressive fund-...

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