LivemintMar 29$1 trillion bond market in India sees rising clout of insurers The growing wealth of India’s public is leading to a crucial shift in its $1 trillion sovereign bond market.Their savings — channeled through life insurers, provident and pension funds — are increasingly getting plowed into long-term debt, leading to a structural change in the costs of borrowing for Prime Minister Narendra Modi’s government.Read More At Mint
The growing wealth of India’s public is leading to a crucial shift in its $1 trillion sovereign bond market.Their savings — channeled through life insurers, provident and pension funds — are increasingly getting plowed into long-term debt, leading to a structural change in the costs of borrowing for Prime Minister Narendra Modi’s government.Read More At Mint
