Opinion piece on the nature of Indian Debt markets, and a non-existent corporate bond market: Both banks and India Inc have incentives to stop the creation of a bond market. That means policy action and political will is required if one is to be created.

The Original Sin of India’s Banking Crisis? A Non-Existent Corporate Bond Market

Both banks and India Inc have incentives to stop the creation of a bond market. That means policy action and political will is required…

thewire.in