The Securities and Exchange Board of India (Sebi) is set to launch fixed income channel partners to broaden access to the retail bond market. This initiative is particularly focused on increasing engagement in smaller cities across India. Eligible individuals and firms can qualify as partners by fulfilling specific certification standards. Notably, existing mutual fund distributors can apply without incurring any enlistment fees.
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At the same time, the RBI remains watchful of risks from geopolitics, crude oil prices and global monetary policy developments.