Posts Tagged ‘Microfinance Securitisation’

Microfinance Focus, August 11, 2010: At the Inaugural Address by Shyamala Gopinath, Deputy governor of the Reserve Bank of India at the India Securitisation Summit 2010 hosted by the National Institute of Securities Markets (NISM), August 10, 2010, Mumbai, says that RBI is examining the responses and the final guidelines for banks as well as NBFCs will be issued after taking into account the feedback. ... Full story

By Vineet Sukumar, IFMR Capital, Microfinance Focus , July 14, 2010 : In a recent post in Microfinance Focus, Daniel Rozas and Vinod Kothari have argued that microfinance securitisation does not, in reality, separate ‘pool risk’ from ‘originator risk’ and hence should not be rated very differently from the originator of the portfolio. Some of the arguments are well reasoned out such as the lack ... Full story

Microfinance Focus, March 30, 2010: IFMR Capital recently structured and arranged a Rs. 264.7 million securitisation transaction. The transaction is backed by 25,446 microloans originated by Bangalore based MFI ( Microfinance Institution) , Grameen Financial Services P. Ltd., popularly known as Grameen Koota. IFMR Capital Pioneer III, the Special Purpose Vehicle created for the transaction, has issued two tranches of securities rated by Crisil, India’s foremost ... Full story