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Assocham-Crisil suggests 3 pronged strategy to deepen bond market in India

The study highlighted the urgent need to promote vigorous investor education, awareness initiatives

ANI  |  New Delhi [India] 

A three-pronged approach based on facilitating larger institutional investment in corporate bonds together with weaning companies away from bank loans and ensuring facilitative policies and infrastructure from perspective of both issuers and investors is imperative for comprehensive development of debt market in India, suggested a recent ASSOCHAM-Crisil joint study. "Setting up of a dedicated team of experts or department within the Ministry of Finance to facilitate development of the corporate bond market and following up on relevant implementation initiatives will help," ...

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