New Thinking on Corporate Bond Market in India

Sanjay Banerji, Krishna Gangopadhyay, Ila Patnaik and Ajay Shah

Working Papers from eSocialSciences

Abstract: What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which dissuade the firms to raise finance from this avenue. Policies that ensure better production of information and increased volume of transactions will lessen both liquidity and transparency problems and ensure efficient market making. [Working Paper 6/2012-DEA ]. URL:[http://finmin.nic.in/WorkingPaper/CorpBond_Market_India.pdf].

Keywords: corporate bond market; India; debt market; liquidity; adverse selection; underdevelopment; market; financing investment; costs; CMIE database; foreign; finance; liabilities; equity markets; borrowing; firms (search for similar items in EconPapers)
Date: 2012-07
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... &AId=5061&fref=repec

Related works:
Working Paper: New Thinking on Corporate Bond Market in India (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:5061

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().