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Vivriti Asset Management (VAM), a private credit-focused alternative investment fund (AIF) management company, said on Wednesday it aims to achieve 25 to 30 percent annualized growth over the next five years, driven by the huge potential in the niche debt market.The company also plans to double its fundraising in the Kolkata market in FY27 as […]
India has an informal workforce with low credit penetration, but the share of new-to-credit loans continues to fall. | Photocredit: Getty images The bank loan mix has changed considerably over the past 14 years, whereby the share of business advances falls from 58 percent to 36 percent and the company financing that leaves banks, according […]
