MFI securitisation market growth slumps in FY13, rescued by small players

Premium

Microfinance institutions (MFI) saw poor growth in securitisation transactions last year, as per initial industry estimates. Numbers suggest that a good chunk of such securitised debt instruments were from smaller players -- predominately by those in Karnataka, Tamil Nadu and North East.Typically, securitisation involves moving the receivables from the microloans ......