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'Regulators must open up space to develop vibrant debt market'
Source: IRIS | 25 May, 2017, 10.17AM
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He informed that bank deposit growth this year is almost close to about 10 per cent, the bank deposits are standing at Rs 105 trillion. While the bank credit has grown by an abysmal 4.8 per cent this year and it is at around Rs 73 trillion, so looking at correspondingly at the bond market, it can be seen that it has really grown by leaps and bounds. Talking about the initiatives taken by the government with a view to boost the corporate bond markets in India, Mahalingam informed that the insolvency regime is finally in place, besides the enablers have also been put in place so today there is no reason why people should feel sceptical about investments in bonds.

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