India’s Private Credit Surge: Shapoorji’s $3.4B Milestone

Private Credit

Expansion savings and bank regulatory obstacles encourage companies with a market emerging to operate the private credit market. The Shapoorji Pallonji group, an Indian construction company, has made its mark in financial history in May, when it withdrew a private credit facility of $ 3.4 billion, breaking records for the fastest growth in the world. … Read more

India’s Private Credit Surge: Shapoorji’s $3.4B Milestone

Private Credit

Expansion savings and bank regulatory obstacles encourage companies with a market emerging to operate the private credit market. The Shapoorji Pallonji group, an Indian construction company, made its brand in financial history in May, when it withdrew a private credit facility of $ 3.4 billion, breaking records for the fastest major economy in the world. … Read more

India’s S&P Rating Upgrade

India, credit ratings

S&P Global Ratings has increased the sovereign credit rating of India in mid-August from BBB- to BBB, a notch above its lowest investment quality note. The rating agency had transferred India’s rating to a positive perspective in March, but the upgrade itself came after a difference of 18 years. S&P has cited the good budget … Read more