New Delhi, Sept. 7 -- Indian private-credit managers are taking a larger share of mid-market deals as a growing pool of domestic capital gives them an edge over global funds in an increasingly important part of the country's credit market.

Domestic funds accounted for about 74% of private-credit deal value and 79% of deal volume in the first half of 2026, according to EY data. The share of global funds plunged to 26% from last year's 68%.







Local funds have an advantage in mid-market deals, where local relationships, rupee funding and faster decision-making can matter as much as financing capacity. Global lenders retain an edge in larger and more complex transactions, where they can deploy bigger pools of capital.

"What we are seei...