DCB Bank, IFMR Capital invest in Home Credit India Finance's loan securitisationThe company, which is a part of Prague-based Home Credit Group, had raised Rs 87 crore earlier from the same set of investors by securitisi...
Home Credit India closes 2nd loan securitisation; raises Rs 45.3 croreLoan securitisation is a process in which the underlying pool of assets are structured or packaged and sold as financial instruments to inv...
Management rejig at IFMR, two executives call it quitsIFMR CFO confirmed that he resigned from IFMR Capital, and was currently serving his notice period with the organisation. He, however, decl...
Loan pooling turning popular among NBFCsThese loans are bundled together and backed by a common guarantee provided by IFMR Capital.
Hinduja Leyland Finance buys Rs 107-crore worth loans from MFIsHinduja Leyland Finance has bought the pooled loan portfolios against the loan receivables of companies operating across segments such as m...
IFMR Holdings raises growth capital from French capital firm ProparcoThe company had previously raised Rs 168 crores from Accion – a global non-profit and LeapFrog Investments and Lok Capital Fund II in Augus...
IFMR Capital executes Rs 150 Crore NCD issuance for Janalakshmi Financial ServicesIFMR Group has successfully executed the issuance of senior secured non-convertible debentures aggregating to Rs 150 Crore for Janalakhsmi.
Satin Creditcare raises $10 million in foreign debt“Since MFIs have a constant need for capital, external commercial borrowing route offers us an opportunity to reduce our dependence on bank...
IFMR Investment Managers launches fund for MFIsChennai-based IFMR Investment Managers today launched a fund to provide long-term debt funding to high-quality microfinance institutions.
- Shriram Group plans venture and angel fund for entrepreneurs
The company, in a partnership with TVS Capital Fund operates TVS Shriram Growth Fund to promote private equity investments.
- MFIs team up to bundle micro loans to raise Rs 52 cr
In a first of its kind, seven microfinance lenders have come together to raise Rs 52 crore by bundling thousands of micro loans.
- Change coming: Big private trusts knock on RSBY doors
In what may change contours of health insurance, IFMR & Manipal group look to enroll 2.5l families in scheme for poor.
- Liquidity affected by MFI crisis: Bindu Ananth, President, IFMR Trust
IFMR Trust, a private trust with an initial corpus raised through long-term borrowings from ICICI Bank, was set up in 2008 and has backed a...
- Profits In Four Years: Pudhuaaru, Thanjavur
The cost of setting up a Pudhuaaru branchinteriors , counters, biometric devices, safe, connectivity, burglar alarm, 2 PCs and inverter, am...
- Chit funds popular among self-employed and salaried class: IFMR Study
Chit funds, the age old form of finance, are said to be popular among the low income groups, self employed and salaried class.
- IFMR average salary up 20% at Rs 6.8 lakh per annum
The Institute for Financial and Management Research (IFMR), one of the oldest business schools in Chennai, is churning out more investment ...
- IFMR Trust to float two funds to support start-ups and MFIs
The IFMR Trust, supported by a group of investors, including ICICI Bank, will be floating two funds- the Network Enterprise Fund, a $100 mi...