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Development of Corporate Bond Market in India
Development of Corporate Bond Market in IndiaAkhil YerawarGovernment Bond: steady growth over the years due to the need to finance the fiscal deficitThe corporate bond market on the other hand is just 1.6 per cent of GDP in end-2010The under development ofthe corporate bond marketin India is not incidental and is mainly attributableto the structure of theIndian financial systemand regulatory structure