đź’¨ Abstract
The Asia-Pacific private credit market is expected to expand due to growing economies and niche demand, according to Moody's Ratings. Despite banks dominating lending, private credit markets are small. Private credit assets under management in the region have doubled to around $120 billion. India's private credit market is predicted to grow, driven by demand from sectors like real estate, infrastructure, and manufacturing.
Courtesy: theprint.in
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