But since corporate debt is fixed with a mark-up on the benchmark bond yield to account for individual risk exposure beyond the sovereign borrower, the effective borrowing rate has taken longer to trudge durably below the 7% threshold.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and