India’s decision to allow banks to fund acquisitions could reduce returns for private credit funds in one of their more lucrative lending segments, according to a report by Bloomberg citing Moody’s Ratings.
The Reserve Bank of India recently allowed local banks to finance up to 75% of the transaction value in corporate takeovers, a move expected to support India’s M&A market. Moody’s said the change could benefit borrowers by lowering financing costs and improving availability, but may compr...
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