The murky uses of India’s private credit funds

Alternative funds will continue to be the fastest-growing segment of India’s investment landscape. This growth was made possible by light-touch regulation: As conduits of foreign capital into the country, the industry has enjoyed a lot of latitude. But now that the local saver is getting entangled, expect an end to private funds’ freewheeling ways

from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-murky-usesindia’s-private-credit-funds_17361191.html