India’s private credit market is expected to remain stable, unlike its global counterparts, due to a robust regulatory framework and a predominantly domestic investor base. Closed-ended funds, a common structure in India, mitigate asset-liability mismatches, a key concern in the US market. Restrictions on bank investments in AIFs further insulate the Indian ecosystem from systemic risks.
Just Dial shares rocket 14% as profit rises to Rs 166 crore; revenue grows 10% YoY
Just Dial shares surged as much as 14% after the company reported strong Q1FY27 results. Net profit rose 4.1% YoY to Rs 166.2 crore, while