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NITI Aayog says it's time to revamp the bond market

NITI Aayog says it's time to revamp the bond market

NITI Aayog is shaking things up! They say India's corporate bond market needs a serious makeover to attract long-term, low-cost cash. Currently, bonds are just a tiny slice of the pie compared to equity. Their grand plan? A three-phase, six-year strategy to streamline rules, boost digital access, and bring in new types of bonds. Let's get this party started!

Quick rundown

  1. India's corporate bond market needs reform for growth.
  2. NITI Aayog suggests a phased reform strategy.
  3. Corporate bonds are underutilized compared to global peers.
  4. The market is dominated by top-rated issuers and private placements.
  5. Reforms aim to increase investor participation and market liquidity.

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