By Invitation: Raising the caps for lower rated bonds
Corporate bond market can benefit from higher demand for bonds rated below AA
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 is across all the major players in India’s corporate bond market ...
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