India’s corp bond market set to cross Rs 100 lakh-cr by FY30: Crisil https://ift.tt/dTejkpD rating agency expects the outstanding size of the corporate bond market to grow from Rs 43 lakh crore in the previous fiscal year to Rs 100-120 lakh crore by 2029-30, providing much-needed depth in fund-raising opportunities for companies through debt. Over the past five financial years, the corporate bond market has registered a compound annual growth rate of 9%, CRISIL said in a report.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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