India has achieved an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by Financial Action Task Force (FATF).
The fundamental drivers of credit demand are broadly intact and a revival in private corporate capital expenditure (capex), especially towards the second half of fiscal 2025, can provide tailwind.
International asset management companies Incofin and Maj Invest collectively invest USD 13 million in India’s leading rural financial services conglomerate, SAVE Group.