Even as the economy recovered, corporate bond issuances were down by more than a fifth between April and August this year compared to the same period before the pandemic, in 2019. This resulted in higher-rated corporates being able to raise funds at close to the borrowing rates for government debt, the safest asset on the Indian market.
Global Market | Is India prepared for a prolonged Middle East oil disruption?
India’s heavy reliance on Middle East crude and relatively low inventory buffers leave it vulnerable to prolonged supply disruptions amid escalating regional tensions. With Brent