Private credit investments in India surged 53% to $9 billion in the first half of 2025, driven by Porteast Investments’ record $3.1-billion deal. Adani Group, GMR Infra, and Manipal Group also raised significant funds. Private credit is gaining momentum as public sector banks and NBFCs reduce large exposures, filling funding gaps in infrastructure and real estate.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend