To start with, exchanges have been permitted to launch derivative contracts on indices of corporate debt securities rated AA+ and above. Sebi said constituents of the index should have adequate liquidity and diversification at the issuer level and it should be reviewed periodically.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise