Since 2008, private credit has expanded into a $3.5 trillion industry, driven by private equity and operating outside the reach of traditional banking rules. As cracks begin to appear, the risks embedded in a system built on opaque valuations and rising leverage are becoming harder to ignore.
Brian Judge
March 20, 2026 at 1:27 PM IST
iStock.com
Explosive growth, opaque loans and rising leverage are drawing uncomfortable parallels with the pre-2008 credit boom, raising questions about risks lurking in the private credit market.
Sanjay Mansabdar
March 11, 2026 at 4:54 AM IST
As India’s markets mature, the distinction between a disclosure-driven regulator and a prudential guardian reveals both strength and strain in our governance model. An introspective analysis shows that the predicaments of financial supervision demand not just transparency and buffers, but an integrated approach to systemic risk.
Srinath Sridharan
January 28, 2026 at 1:13 PM IST
Private credit is emerging as India’s fast-growing financial instrument at a time when global equity capital is cautious, and exits are under sharper scrutiny.
January 22, 2026 at 7:52 AM IST
Private credit has grown into a vast, opaque engine of global finance, creating a blind spot where innovation surges but risk remains hard to see.
R. Gurumurthy
December 4, 2025 at 8:37 AM IST
Via WikiCommons
In saving its banks from collapse, India has saved them from competition. In shielding them from loss, it may have shielded them from relevance.
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