Q. According to a CRISIL Rating report, how much is the corporate bond market expected to grow by Financial Year 2030 in India ?
a) ₹ 100-120 lakh crore
b) ₹ 50-70 lakh crore
c) ₹ 120-150 lakh crore
d) ₹ 70-90 lakh crore
Question from BPSC PT 70, 2024
The correct answer is: a) ₹ 100-120 lakh crore
Explanation:
According to a report by CRISIL Ratings, the Indian corporate bond market is expected to grow significantly, reaching ₹ 100-120 lakh crore by the financial year 2030. This growth represents more than a doubling from approximately ₹ 43 lakh crore as of the last fiscal year. The anticipated expansion is driven by factors such as increased capital expenditure in infrastructure, a growing interest in infrastructure bonds among investors, and a robust retail credit growth.