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Daybreak — From Manipal to Shapoorji, India's private credit party is just getting started. But trouble is brewing
Scout ratingSCOUT· 29%9m·2025-07-08·News Politics

From Manipal to Shapoorji, India's private credit party is just getting started. But trouble is brewing

Daybreak · 528

Private credit is having a moment in India. Hardly a week goes by without a blockbuster deal. Whether it’s Deutsche Bank’s $3.4 billion debt package, KKR’s $600 million loan to Manipal, or a fresh round of financing for Shapoorji Pallonji. But beneath the surface, pressure is building. As interest rates fall and…

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