News From Press The rise of private credit: Bridging gaps in financing amid regulatory scrutiny

The rise of private credit: Bridging gaps in financing amid regulatory scrutiny

Source: Financial Express Nov 26, 2024

India’s financial ecosystem has seen a significant growth in private credit as an asset class in the last few years. The first half of 2024 itself has seen a surge in private credit deals, with total investments amounting to approximately $6 billion (according to an EY report). There are a few key reasons for this strong growth.

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