This story was first published on the Benzinga India portal.
Franklin Templeton’s India branch is reportedly gearing up to launch a private credit fund, enabling it to offer loans to companies in a market where both banks and non-banking financial companies (NBFCs) are largely hesitant to cater to anyone other than top-rated businesses.
What Happened? According to Bloomberg, Santosh Kamath, the former Chief Investment Officer at Franklin Templeton Asset Management India, will likely manage this new venture.
Kamath, known for his fascination with high-yield Indian …
