PE funds believe that we are at the start of a four to five year good run in terms of economic growth. For the PE funds, this is a sector that comes across as one such opportunity,” he added. So, consumer loans, personal loans, housing loans... these products have seen strong demand,” he said. Krishnan says retail lending NBFCs are more attractive to PE funds. PE funds are also encouraged by the successful exits made by other PEs.
Source: Mint September 27, 2016 18:11 UTC