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Raising the caps for lower rated bonds

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