Can you briefly throw light on what are the future prospects for the Retail Debt Market in India?
Answer
Answer
The Retail Debt Market is set to grow tremendously in India with the broadening of the market participation and the availability of a wide range of debt securities for retail trading through the Exchanges.
The following are the trends, which will impact the Retail Debt Market in India in the near future:
Expansion of the Retail Trading platform to enable trading in a wide range of government and non-government debt securities
Introduction of new instruments like STRIPS, G-Secs with call and put options, securitised paper etc.
Development of the secondary market in Corporate Debt
Introduction of Interest Rate Derivatives based on a wide range of underlying in the Indian Debt and Money Markets.
Development of the Secondary Repo Markets
Indian Debt Market foresees a quantum growth in the near future, soon attaining global standards of safety, efficiency and transparency. This will truly help the Indian capital markets to attain a place of pride among the leading capital markets of the world.