Private credit deals surge as high returns attract investors thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Chennai-based Vivriti Capital raises $55 million from Lightrock, Creation Investments : Rashtra News #Chennaibased #Vivriti #Capital #raises #million #Lightrock #Creation #Investments Chennai-headquartered Vivriti Capital, a non-deposit taking NBFC, has raised $55 million (about Rs 400 crore) in its Series C funding from PE platform Lightrock India and impact investment management firm Creation Investments. With this
Private credit is rapidly emerging in India as an alternative investment option, offering tailored solutions and higher yields than traditional fixed-income strategies. Despite higher risk, lower default rates in India make investments in private credit viable.
In December 2023, the RBI had restricted banks and NBFCs from investing in AIFs, which have downstream investments in debtor companies. It said if banks or NBFCs had investments in AIFs, they were given 30 days to liquidate their holdings or make 100% provisions against them.
IVCA Alternate Capital Excellence Awards 2024 Celebrates Exceptional Achievements in Alternate Capital from 2023 aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.