According to BVR Subrahmanyam, CEO of NITI Aayog, who released a comprehensive report on deepening the corporate bond market on Wednesday, the sevenfold expansion will support the country's growth ambitions and provide investors with stable, long-term financing options.
In a significant development that could pull in foreign funds into India's debt market, JPMorgan Chase & Co added Indian government bonds to its benchmark emerging-market index starting June 28.
In a significant development that could pull in foreign funds into India’s debt market, JPMorgan Chase & Co last week announced it will add Indian government bonds to its benchmark emerging-market index starting June 28 in 2024.