India’s credit market is rapidly expanding as the country looks to become the world’s next economic growth engine. Prime Minister Narendra Modi’s infrastructure plans are fueling a borrowing binge, with the local corporate bond market set to more than double to the equivalent of about $1.5 trillion by 2030. Private credit is playing an increasingly key role. And the nation’s sovereign bonds are being included in more global indexes.
To provide insight into what lies ahead, Bloomberg brings you the inaugural India Credit Forum featuring @reservebankofindia593 Governor Shaktikanta Das, Sebi Member Ananth Narayan and credit industry leaders.
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Author: Bloomberg Television
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News post in October 18, 2024, 12:05 pm.
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