Private equity (PE) players are seeing a growing business opportunity post Covid-19 in providing long-term credit lines to Indian companies, with banks and non-banking financial companies (NBFCs) reluctant to offer loans.
Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry. Only a few players such as KKR, AION Capital, SSG, and Edelweiss offer the product. “The current situation could up significant opportunities for private credit, essentially long-term credit to strong corporates to ...
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First Published: Wed, May 06 2020. 02:19 IST
