GK and monthly revision

From niche to mainstream: How India's bond market reinvented itself over the last 10 years

India's bond market has undergone a significant transformation over the past decade, evolving from an opaque and institutional-centric system to a more transparent and accessible framework. This change is attributed to various regulatory reforms, technological advancements, and the inclusion of Indian bonds in global indices, which have collectively tripled total issuances. The reduction in minimum investment thresholds and the establishment of enhanced regulatory frameworks are pivotal in driving future growth, making the bond market a crucial component of India's financial ecosystem.