New Delhi, Oct 8
India's capital markets have defied global economic headwinds by producing exceptional growth over the past two years, a report said on Wednesday.
Meanwhile, the Indian private credit market has expanded rapidly, with alternative lenders filling gaps left by banks.
Additionally, the capital markets have undergone a remarkable transformation, driving a substantial expansion of the revenue pool for financial services.
As a result of this growth, the Indian capital markets present a multi-dimensional opportunity for banks, characterised by a thriving equity market, an underserved bond and private credit market ripe for disruption, and a high-growth economy fueling burgeoning financing demands, the report said.