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Private Debt Market to Reach $2.64 Trillion AUM by 2029

Private Debt Market to Reach $2.64 Trillion AUM by 2029

The global private debt market is set for substantial growth, with assets under management (AUM) projected to reach $2.64 trillion by 2029. This rise is fueled by growing demand for alternative investments, particularly in a tighter credit environment and amid...

NARCL Sets Sights on Rs 1.25 Trillion in Stressed Assets

The National Asset Reconstruction Company Ltd. (NARCL) is poised to acquire stressed debts worth Rs 1.25 trillion, as revealed in the latest Economic Survey. The NARCL has begun the process of evaluating assets totaling around Rs 40,000 crore. Since its inception in...