Seattle Daily Star

 Mr. Shyam Maheshwari was the former Chief Executive Officer, Founder and Partner of SSG Capital Management. Shyam Maheshwari is Associate Member at The Institute of Chartered Accountants of India and on the board of 5 other companies. He was primarily responsible for SSG’s investment activities in India. Shyam received an undergraduate degree from the University of Calcutta and an MBA from Indian Institute of Management Bangalore. Ares SSG has been synonymous with Shyam Maheshwari for many years through the key deals done by SSG Capital in the country including through ACRE. Over the years, Shyam Maheshwari SSG has made continuous contributions to the investment landscape of India as a highly seasoned professional. As a founding member of SSG Capital, he set it up in 2009 backed by former members of Lehman Brothers’ Asia, Emaar MGF, Lotus Greens, Lodha Developers and mortgage lender PNB Housing Finance in India.  Shyam Maheshwari was the former Chief Executive Officer, Fou...

According to Shyam Maheshwari SSG , the Indian credit market has been dominated by banks and non-bank financial companies for a long period. It started primarily with dominance of PSU banks and then the private sector banks. The credit to GDP ratio is relatively low for the stage of growth of the country.  NBFC’S have been facing their share of challenges in the past 2 years as it is well known. Indian businesses need to hold against the domestic and international competition which also includes export markets. They also need to innovate and expand the fast growing unique technological and customer landscape. Shyam Maheshwari details the role of private credit as the key factor in the fastest growing alternative asset class in the world, as it has been for the last 4 to 5 years. In the 2009 global financial crisis, lots of debt capital has been flowing through asset managers rather than banks. Today over a trillion dollars in size, bank lending is shrinking on account of all the i...