Raising the caps for lower rated bonds
The corporate bond market in India is relatively underdeveloped compared to other emerging markets. While several supply-side problems have been resolved, the core issue of restrictive regulatory norms for investment in corporate bonds remains a significant constraint, particularly when it comes to exposure in lower rated bonds.
The corporate bond market in India is relatively underdeveloped compared to other emerging markets. While several supply-side problems have been resolved, the core issue of restrictive regulatory norms for investment in corporate bonds remains a significant constraint, particularly when it comes to exposure in lower rated bonds.
The corporate bond market in India is relatively underdeveloped compared to other emerging markets. While several supply-side problems have been resolved, the core issue of restrictive regulatory norms for investment in corporate bonds remains a significant constraint, particularly when it comes to exposure in lower rated bonds.
This article first appeared in BusinessLine