Billionaire Kotak’s unit to launch its first private credit fund to tap a booming market
Kotak Mahindra Asset Management plans to launch its first private credit fund, aiming to raise around 10 billion rupees. This move follows other firms like Nippon Life India and ICICI Prudential entering the direct lending market. The fund will focus on performing credit and is expected to launch by December after regulatory approvals.
M&M
NAM-INDIA
FOCUS
Finance
Markets