Page 2 - Credit Funds

Loan demand is bouncing back after 2 yrs of credit contraction: SBI chief

Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara

MakeMyTrip partners with banks, NBFCs for 'book now pay later' option

The book now pay later (BNPL) payment has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app

Kotak Private Credit fund to raise up to Rs 2,000 cr to finance mid-mkt cos

The fund will have a diversified investment universe and be sector-agnostic

Investing in credit funds based on past returns would be foolhardy: Experts

Credit risk funds are showing a category average return of 13.2 per cent for the past year

Shorter duration debt schemes may now see good inflows on RBI's stance

Liquid funds and credit funds saw net inflows of Rs 53,251.28 crore and Rs 251.18 crore

Avendus PE Investment launches second structured credit fund

The fund is targeting a total corpus of Rs 1,000 crore, including the green-shoe option of Rs 500 crore

Facebook India launches loans programme for small businesses in 200 places

India is the first country where Facebook is rolling out this programme in partnership with online lending platform Indifi.

NV Capital launches first credit-fund for media, with a Rs 500 cr corpus

Founded by industry professionals and ex-bankers Nitin Menon and Vivek Menon, NV Capital recently received Sebi's nod as a Category-II AIF

Andhra CM unveils annual credit plan outlay of Rs 2.8L cr during SLBC meet

Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Monday unveiled the state's annual credit plan outlay of Rs 2.83 lakh crore during the 215th state level bankers' committee (SLBC) meeting.

Essar Oil UK raises $850 mn from diverse sources to retire earlier loans

With this, the firm has more low-cost liquidity to meet upcoming needs, can focus on its transition to become a low-carbon energy provider" with greater vigour

Edelweiss arm looks to launch new credit funds in 2021 to tap demand

The short-duration credit fund, which will be an alternative investment fund, targets to raise Rs 2,000 crore

Planning to invest? Short-duration funds safer option for retail investors

Rising yields at shorter end of curve will benefit these funds as liquidity level tightens

MFI credit costs to rise 6% in 2 yrs as customers delay repayments: ICRA

About 12% of customers had not repaid their dues till August end, says ratings agency.

Debt MFs inflow at Rs 1.1 trn in June qtr, liquid schemes account for 80%

The positive inflow pushed the asset base of debt mutual funds to Rs 11.63 trillion at June-end from Rs 11.5 trillion at the end of March, according to data with Association of Mutual Funds on India

FM Sitharaman to review credit flow with public sector banks on Tuesday

She will take stock of the Emergency Credit Line Guarantee Scheme announced recently.

Letter to BS: Good credit supply by banks is necessary for economic growth

The credit decisions are taken based on the conditions prevailing at a particular time.

Credit funds move down rating curve; risk profile worsens in 2018-19

According to experts, the fall in exposure to the highest-rated papers was the result of a forced sell-off of liquid papers to deal with redemption pressures during the second half of 2018

Higher returns in credit funds come with higher risks

Investing in such funds requires more research from the investor. Always look at the quality of the portfolio before investing

Credit fund assets zoom 60% in last 10 months

In the last 10 months, the assets of these funds have grown by nearly Rs 30,000 cr to Rs 80,000 cr