In saving its banks from collapse, India has saved them from competition. In shielding them from loss, it may have shielded them from relevance.
R. Gurumurthy
November 4, 2025 at 6:34 AM IST
iStock.com/lakshmiprasad S
Private credit funds are fast becoming India’s third pillar of capital—flexible, disciplined, and the quiet architects of its next growth cycle.
Chandrika Soyantar
October 30, 2025 at 6:32 AM IST
Konkan Railway/WikiCommons