Undercapitalization of Indian Debt Market
The Economic Survey 2024-25 highlighted that India’s debt market remains undercapitalised, and risky borrowers are unable to access it.
What is Debt Market?
- The Debt Market is part of the securities market where debt securities, also known as ‘fixed income securities’, of various types and features are issued and traded.
- Issuers in this market include central and state governments, municipal corporations, financial institutions, banks, public sector units, public limited companies, private companies, real estate investment trusts, infrastructure investment trusts etc.
Instruments Traded in Debt Market
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