The Skewed Structure of India's Bond Market*

Feb 12th 2019, C.P. Chandrasekhar and Jayati Ghosh

In trying to deal with large volumes of bad debt, especially corporate debt owed to the banking system, measures to activate the corporate debt market are being pushed. But experience suggests that investors are unlikely to bite.

*
This article was originally published in the Business Line on February 11, 2019.


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