IFMR Capital recently closed its first securitisation deal in the commercial vehicles finance sector in India.

When you have two systems running in parallel, the hardest part is always managing the interface between the two. Customers don’t usually all migrate to the new system entirely and at the same time, so there is a need for the new system to offer backward compatibility with the older, more established system.

Making access to formal payments infrastructure universal is a key component of the overall vision of financial inclusion and the RBI vision document on payments correctly aims towards an economy that is eventually entirely cash less.

How can policy enable competitive agri-commodity markets thereby also improving the conditions and incentives for farmers and others?

IFMR Finance Foundation’s “Complete Financial Inclusion and Financial Deepening” site has been created with a view to track national progress on these fronts over time.

This post is part 2 of a three-part series, and depicts the legislative and policy backdrop to agri-commodity markets in India

The Indian farmer might earn only INR 30 a day, but there are many of him. According to the 2001 census, the Indian agriculture sector employs about 60 percent of the population, of which farmers comprise 119 million (the rest are agricultural non-owner labourers).

At a fundamental level, it can be argued that internal revenue sources are the most critical funding levers available to a municipality because without effective, predictable generation of internal revenues, it will be impossible to attract new, external sources of funding.

This note highlights the need for active and deep debt capital markets, both fixed income and derivative markets in India.

A new paper by Anandi Mani et al in the August issue of Science has a stunning finding – that the cognitive impact of being poor may be equivalent to as much as 13 IQ points.