Demand for private credit booms in 2023 as funding winter deepens

Financial Investors Group

Private Capital

08 Dec 2023

Madhur Singhal, Managing Partner and CEO of Praxis Global Alliance, predicts that Private Credit assets under management in India will reach $60-70 billion by 2028, four times the $15 billion recorded in 2022. Singhal also highlights the government's support for the Private Credit industry through investor-friendly regulations, indicating a positive outlook for the future.

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Demand for private credit booms in 2023 as funding winter deepens

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