Private credit may get more teeth to recover loans

India’s private credit industry is growing, but funds lack the recovery powers available to banks and NBFCs. A proposed Sarfaesi Act change could help close that gap, lower borrowing costs and widen business funding options.

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Private credit may get more teeth to recover loans (opens Mint in a new tab)
India’s private credit industry is growing, but funds lack the recovery powers available to banks and NBFCs. A proposed Sarfaesi Act change could help close that gap, lower borrowing costs and widen business funding options.

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