The Indian Corporate Debt Market: Prescription for Revival
The paper evaluates the state of the corporate bond market in India and tries to understand the reasons for its subdued state. It shows that, unlike the government securities market, there is no incentive for either the buyers or the sellers of corporate debt securities to participate in this market. The paper then goes on to design a framework for reviving this market and making it active.
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Volume (Year): VI (2008)
Issue (Month): 2 (June)
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