Investec Capital sets up its maiden credit alternative investment fund in India
The Emerging India Credit Opportunities Fund I will aim to raise up to Rs 1,000 crore. The fund will typically target senior, secured credit investments in India-focused mid-market businesses with expertise in niche segments.
State Bank of India's record profit led by retail loan growth, higher provisionsChairman Dinesh Khara expressed confidence that the bank will keep up the growth momentum in line with the economic growth which will also pull up the so far shrinking corporate loan book. India's largest lender is hoping to grow its loan book by 10% this fiscal end March 2022.
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