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Certus Capital invests Rs 275 crore in Gurgaon residential project
Certus Capital has invested ₹275 crore in a Gurgaon low-rise residential project. This marks their second investment in the National Capital Region this year. The real estate private credit platform has deployed capital across several Indian cities. Certus Capital focuses on low-supply residential segments with strong end-user demand. The firm holds licenses as an Alternative Investment Fund and NBFC.
Corporate loan growth outpaces retail advances at top private banks
Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail credit expansion, reaching 26% on average. Higher bond yields pushed companies back to mainstream lenders for working capital needs. This revival lifted overall bank credit growth to its fastest pace in over two years. Sectors like commercial real estate and infrastructure saw increased demand for loans.
Sameera Group eyes Rs 500 crore fundraise to fuel pan-India expansion
Sameera group is seeking Rs 500 crore for its pan-India expansion plans. The Tamil Nadu-based conglomerate recently secured substantial funding from a real estate credit platform. This capital raise aims to support their integrated township development strategy across the country. Institutional capital is increasingly supporting quality developers in the maturing real estate market. The group's diverse business interests position them for significant future growth opportunities.
'India's private credit market primed for sustained growth'
India's private credit market is poised for significant expansion, projected to reach $50 billion by 2030, fueled by increasing corporate funding needs and limitations faced by traditional banks. While this alternative capital source is gaining traction, new RBI regulations allowing bank acquisition financing could introduce greater competition. Real estate and infrastructure sectors are leading this growth, with promoter financing also playing a crucial role.
'India's private credit market primed for sustained growth'
India's private credit market is poised for significant expansion, projected to reach $50 billion by 2030, fueled by increasing corporate funding needs and limitations faced by traditional banks. While this alternative capital source is gaining traction, new RBI regulations allowing bank acquisition financing could introduce greater competition. Real estate and infrastructure sectors are leading this growth, with promoter financing also playing a crucial role.
Moody’s report suggests India’s private credit market could double by FY30
India's private credit market is set for robust expansion, projected to reach $50 billion by FY30. Driven by escalating corporate funding needs and limitations faced by traditional banks, this alternative capital source is becoming a preferred option for businesses. Real estate, infrastructure, and promoter financing are key growth areas, attracting diverse investors seeking attractive returns for managing significant risks.
Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.