The IL&FS crisis has changed the Indian debt market. It is still going through the aftershocks of the collapse of the non-banking financial giant, but it also means that there is an opportunity for investors, say experts.
In the post IL&FS crisis environment when everybody is cautious could be the best time to invest in credit risk funds, said Nimesh Shah, MD & CEO of ICICI Prudential Mutual Fund, in a panel discussion at ETMarkets Global Summit. “The debt industry is now fully prepared to take whatever crisis comes. Last one year has separated men from boys. Our belief is credit space is the best place to be in,” Shah added.
Nine big financial changes that you must watch out for in October
Read More
