IFMR Trust

bindu ananth interviewBindu Ananth, President of IFMR Trust reveals her expectations from the Union Budget 2011 in the interview below. She discusses the progress in financial inclusion made by MFI’s and the business opportunities that exist in delivering financial services to the bottom of the pyramid population. She also elaborates on the role played by IFMR Trust [...]
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Fino microfinance factsBig concerns over small loans By Bindu Ananth and Nachiket Mor, IFMR Trust The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, [...]

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FINO High net sharesAvendus Capital – The wealth management firm last week announced that it had successfully closed the private placement of equity shares of Fino to one of their high networth customers. Avendus Capital did not disclose the identity of the Individual or the value of the transaction. FINO (Financial Inclusion Network and Operations Ltd) is a [...]

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technology banking ifmrBy Uday Krishna , IFMR Ventures “When combined with information and communication technologies, microcredit can unleash new opportunities for the world’s poorest entrepreneurs and thereby revitalize the village economies they serve.” – Madeleine K. Albright and John Doerr The development of a healthy national financial system has long been viewed as a catalyst for the [...]