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Raghuram Rajan Cautions on Growing Risks in Global Private Credit Market
Raghuram Rajan warns of escalating risks in the global private credit market, urging regulatory caution.
Former RBI Governor Raghuram Rajan has warned of rising risks in the global private credit market, citing increasing leverage and potential defaults. Rajan emphasized the need for greater regulatory oversight to avoid systemic risks. He also highlighted the challenges posed by the economic slowdown, which could exacerbate credit quality issues in the sector.